krishnakanchibhatta
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LTC - Completing its Correction wave

BITFINEX:LTCUSD   莱特币/美元
Looks like LTC if about to complete the ABC Correction Wave. It should take a few hours. once it does, we can expect it to head up again.
Yesterday's High $236 would be the resistance and it has to break it to reach the next target which is around $268.

Let me know your thoughts. Do leave a comment.

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This is not a trade signal. I am just sharing my 2 cents.
评论: Please do leave a comment if i am wrong. I am not an expert. I am still learning. So, feedback, criticism are much appreciated and will be taken into consideration :)
评论:
评论: Though the actual chart which i shared had an error in the ABC Correction wave..

but the markings were perfect :)

LTC moved up from the exact spot of C



评论: Experts let me know whether i should have considered this as Descending Triangle or the ABC Correction Wave
评论: Ltc is trying hard to break th yesterday's high $236..

If it gets enough support from BTC and ltc volume... It should touch the first target easily
Wow.
Your prediction was brilliant.
Following you.
Thanks.
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Your C wave does not fit any known theory.
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krishnakanchibhatta MiloszKaszynski
@MiloszKaszynski,

Thank you, I figured C should actually go down even further and to the right..
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krishnakanchibhatta MiloszKaszynski
@MiloszKaszynski, I updated the chart. i believe that's how it should be :) Thank you
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