Litecoin LTC March 15 Afternoon Update - Are we done Correction? Bear and Bull ViewsteemCreated with Sketch.

in litecoin •  7 years ago  (edited)


General Tone:
My Bullish view:
A break above $170, will make
me lean slightly bullish
A break above $178 will invalidate my bearish count
My bearish view:
A break $157, will almost confirm my bearish count
A break $150, will definitely confirm my bearish count
I don't see EW finished. We lack one small subwave to head down. If BTC corrects further to the $7,250 levels, LTC will be dragged down as well to these ranges of $136-$143,
where a combination
a) fibonacci extensions of subwaves 1-2 0.786
b) waves 1-5 fib retracement of 0.786.
(See Below)
Long Term Bias (6+ months) - Bullish
Medium Term Bias (Next Week) - Neutral
Short Term Bias (Today) - Neutral
Long Term Target Prediction - $607 by 2019

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Thank you Phil!

Masterful

thanks Phil..... any way you would show us some XRP Love???

Boom goes the dynamite! boss video, thanks