All this structure to me looks like massive multiyear wedge correction after big pump, you could start averaging down xcp on approaching that line and when it breaks below it, buy till you run out of money.
Looks like ripple gearing up for big move in usd terms. Disclaimer: I'm a noob learning about elliott wave theory, just want to see how this will play out.
It looks to me that LBRY making a fractal similar to that of IOTA but on a bigger scale, though break out of falling wedge is less violent than in IOTA, wanna see how this develops
Another chart where I try to learn to count elliott waves, looks like there's wave 5 in development. The only thing i don't like about this count is that price of wave 4 moves into the price zone of wave 5. Disclaimer : I'm a noob which is just learning, don't take this analysis too serious.
Please don't laugh hard on my analysis :D I'm just learning elliott waving. I think it is possible that LTC is one big ABC correction with ending diagonal as wave C after massive impulse move which ended back in may. I want to see how this develops. Would appreciate any input on this. Cheers
