LITECOIN (LTC) Update: A Correction but how deep? My analysis shows a probable stop point.

With wave v of 5 now put in, the requisite abc (red) is not taking place. The c wave could dip below $70 before anykind of a turn. But, then, if Bitcoin is to have one more move to higher all time new highs, then this abc makes sense as LTC could do the same.

By not, much profits should have been taken as I've sold 1/3 of my Altcoins. I've also sold almost all of my Bitcoins as written of throughout the past blogs.

NOTE: The caveat to any bullish posts is that BTC topping needs to be watched closely!

If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
BTC Wallet - 19gHMJc9wi9KkP47wokz8y4cFNgz1kAAUE
ETH Wallet - 0xf83641dbf1a53498eae6d0d568c969790da48a36
LTC Wallet - LU1mEw1LHvffoWf9VDEVdP7Day4jv6VLqu
EOS Wallet - 0xf83641dbf1a53498eae6d0d568c969790da48a36

Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.