LTOUSDT – Wave C Correction Ending Soon? Multi-Timeframe ElliottTimeframe: Monthly (Logarithmic View)
Pair: LTOUSDT
Methodology: Elliott Wave Theory + Fibonacci Extension + Divergence Analysis
This analysis suggests that LTOUSDT is currently undergoing a complex corrective structure within the second major wave on the monthly timeframe, interpreted as part of a larger Elliott Wave cycle.
Wave A appears to have formed a double zigzag pattern.
Wave B is identified as an expanded flat, displaying strong internal complexity.
Wave C, which is currently in progress, also shows characteristics of a double zigzag, suggesting we are approaching the final leg of this corrective phase.
Further internal structure mapping indicates:
The market is likely completing Wave 5 of Wave 3 of Wave C of Wave Y of Wave B, based on lower timeframe breakdowns.
Indicators:
Despite clear bullish divergence observed on both the MACD and RSI in the Monthly chart, no confirmation of reversal has occurred yet.
These divergences, in combination with the completed corrective structure, point toward a potential trend shift, pending fundamental confirmation.
External Factors:
The asset has recently received a Monitoring Tag on Binance, which may be influencing investor sentiment and delaying technical reversals.
Broader macroeconomic uncertainty, including potential changes in U.S. interest rate policy and recent tariff-related geopolitical developments, may also be contributing to current price stagnation.
Fibonacci Logarithmic Extension Projection (Wave 3 Potential Targets):
Based on Wave 1 ($0.02 → $0.909) and Wave 2 retracement to $0.0247, the following Fibonacci log-scale targets are calculated:
Extension Ratio Projected Target Price
1.000 $1.21
1.272 $3.1
1.618 $11.8
Note: These are long-term log-scale projections and should be adjusted based on evolving price action and structure validation.
Invalidation Level:
Wave count would be invalidated upon a breach below $0.02 or Fibonacci Extension 100% of Wave 1 → 2 → 4 projection within Wave 3, as previously defined on lower timeframes.
This post is meant to highlight structural observations from a purely technical standpoint and does not constitute financial advice. Further validation across timeframes is advised.
