LTC Bullish Idea
Updated
LTC will test the Daily 50 EMA then pull back to test the previous week's high.
Then LTC will push to test the Weekly 50 EMA.
Then LTC will push to test the Weekly 50 EMA.
Note
Re-looking at this, I'm slightly too bullish. Expecting subwave 5 (purple) to end between 98.40 - 100.00. Thinking about closing my longs here and laddering back in from 86 to 81.80, but retracing to $78 is slightly possible. Odds are we hold 80 though.
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.