Litecoin Day Trading Pattern & Correction Triangle $LTC #LTC Litecoin #BTC

Litecoin UPDATE!!!

Litecoin is currently going through a mini 5 wave correction within a diagonal wedge/triangle.

If completed, we may see a break out to higher lows and higher highs. This triangle is happening within wave 5 of the C wave correction (I know its tough to imagine but it will make sense once you understand the concept of elliot wave theory).

As you can see in the past (see image below) this all matter depending on the type of bounce. The way a wave can enter a triangle makes all the difference.

Keep an eye on the volume to see if this triangle is really a triangle or something else. Will see what will happen after February 19th.

Good luck!!!