LTC Elliott Wave analysis
Updated
LTC is still missing a fifth wave up and finished most of the ABC correction. According to this count, LTC should not go below $52 in the 4th wave correction. A possible entry could be around $53, a bit higher than the 0.618 fib retracement.
An alternate count would to be count this structure as an ABC and to count the current retracement as wave 1, 2, and 3 as an impulse wave down.
An alternate count would to be count this structure as an ABC and to count the current retracement as wave 1, 2, and 3 as an impulse wave down.
Trade closed manually
Didn't quite hit our target, but the 5 waves should be done!
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