Litecoin LTC - Technical Analysis - Updated 2-May-2018 (Ending of Correction Waves)

in litecoin •  7 years ago  (edited)

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LTCUSD | Bitfinex | 1hr Chart | updated: 1:00am
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LTCUSD | Bitfinex | 3hr Chart | updated: 1:00am

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Impulse Wave.
Wave 1: Completed. 166.00
Wave 2: Seems to be completing soon. ABCDE correction (refer to top image of abcde correction)
Wave 3: We should have a long wave 3 coming. my min target is a 1.272 fib from wave 1 which puts us around ~215.00
Wave 4: Correction wave targeted around ~184.00
Wave 5: Final wave targeted around 0.76Fib of wave 3. at ~235.00

-Happy Trading

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