Litecoin In Progress

Back again with my favourite coin!

So, my last chart I made the same mistake as my Ripple chart. I counted the 3 Wave as being completed when it hadn't been yet. But once again my correction target still stands in the 0.5 fibb to 0.618 Fibonacci Retracement range.

We bounced off the 0.382 Fibb on Wave A and are now completing Wave C in Wave 4. Once complete we should push up to the 2.618 Fibb extension of Waves 1 and 2.

Target for bottom of Wave 4 between $131 and $140
Target for top of Wave 5 around $185

If you would like to see how this plays out here is the link to my idea on TradingView
https://www.tradingview.com/chart/LTCUSD/hEdAEJvo-Litecoin-In-Progress/

I hope that you enjoyed my analysis. Please always remember that targets are not set in stone and to always practice proper risk management!

Feel free comment any questions or chart requests you may have below. Happy trading!

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Bitcoin - 1AzW1ki9ZXpDVBzreY9R5a1eNircQvXgvs
Litecoin - LP2D4ZLLpeYQRyuekxJLG6FLhr6WVepgea
Ethereum - 0x0d387F9f15Ff53813d51798DF41EA245aA6761A6
Bictoin Cash - LOL Btrash...