LiteCoin (LTC) Target $91 (68% Profit Potential)steemCreated with Sketch.

in #bitcoin7 years ago

SUMMARY

Previously, I had posted the below chart of Litecoin (LTC) where the red a,b,c retracement completed and the rise started. I had labeled the blue Elliott Waves to provide a price pathway.

I've now labeled the subwaves such that price actions so far should make more sense from an EW perspective. White circled wave 1 and 2 are complete, and more than likely, price is shaping out the sub waves of white circled wave 3. The sub waves are labled by the blue circled 1,2,3,4,5. Price should get at or near $91 or so.

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If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
BTC Wallet - 15ugC4U4k3qsxEXT5YF7ukz3pjtnw2im8B
ETH Wallet - 0x1Ab87962dD59BBfFe33819772C950F0B38554030
LTC Wallet - LefeWrQXumis3MzrsvxHWzpNBAAFDQbB66


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.**

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Thanks @haejin ! On the ball as always! Thank you for doing all this analysis for those of us listening to words of wisdom!

Do you have a favorite Elliot Wave book for beginners?

Check your feed. He posted it yesterday.

Do you have a favorite Elliot Wave book that you can recommend for beginners?

good one, would you plz analyze LISK, they will announce re-branding date on Nov 22

thanks haejin. this is one of the most robust coins long term aside from BTC i dont want to miss the train

I'll be holding on to my LTC =)

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