I have spotted a ZigZag (5,3,5) occurring in Litecoin (LTC). Currently, we have completed the A and the B leaving the final C wave down. The A and C waves of a zig-zag correction have five sub-waves.
If you zoom out and have a look at the bigger picture, you'll notice something very interesting. Litecoin (as well as Bitcoin) are about to begin wave three of a higher degree of trend.
2018 surely will be a good year for cryptocurrency.
Long Term: cdn.smartchoiceclothing.com/images/secret/ltc-chart-2_long_28-02-18.png
If you zoom out and have a look at the bigger picture, you'll notice something very interesting. Litecoin (as well as Bitcoin) are about to begin wave three of a higher degree of trend.
2018 surely will be a good year for cryptocurrency.
Long Term: cdn.smartchoiceclothing.com/images/secret/ltc-chart-2_long_28-02-18.png
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.