Following is my analysis on LTC going SHORT in the next few days
1) The purple wave 1-2-3-4-5 went from $25-$413 from 12 MAr 2020 to 08 May 2021
2) After great impulse comes correction A-B-C wave,
Wave A retraced 78.6% FIB a perfect 5 wave down series in GREEN
Wave B is a perfect 3 wave series in PURPLE
Wave c should be a 5 wave series down so its right now doing subwave 4 in BLUE
Wave C or Wave (5) in Wave C will end around $90 before it makes any move up to complete the full correction
Summary :
LTC going to short to $90 in the next few days
Appreciate everyone's feedback, happy trading
1) The purple wave 1-2-3-4-5 went from $25-$413 from 12 MAr 2020 to 08 May 2021
2) After great impulse comes correction A-B-C wave,
Wave A retraced 78.6% FIB a perfect 5 wave down series in GREEN
Wave B is a perfect 3 wave series in PURPLE
Wave c should be a 5 wave series down so its right now doing subwave 4 in BLUE
Wave C or Wave (5) in Wave C will end around $90 before it makes any move up to complete the full correction
Summary :
LTC going to short to $90 in the next few days
Appreciate everyone's feedback, happy trading
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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.