RE: Bitcoin (BTC) Morning Update: More Detailed Explanation of Triangle vs Bear Flag

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Bitcoin (BTC) Morning Update: More Detailed Explanation of Triangle vs Bear Flag

in bitcoin •  7 years ago  (edited)

That's how I see LTC in the long run.
https://steemit.com/bitcoin/@macmanux/ltc-btc-pair

When it come to the original question, I would count the waves like so on LTC USD.
Notice that this gives the whole pattern the right look with wave 2 retracing about 50% of 1. Wave 3 is extended and 5 is 1.216 (time) the length of 1.

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Thanks mate

What's your long-run view look like now, out of curiosity?