LitecoinGiá lên
LTC Price Action
This is not financial advice.
TD and Bollinger band indicators both starting to call local top, price movement so far has set this up to be a solid Elliot wave trend where we have seen majority of the price growth on wave #3 which confirms the pattern. Given the bullish activity in the market I doubt we will see a steep correction and I believe that at most we will see a 38% retracement in wave #4 (38% = bullish continuation) a PT of ~$500 seem reasonable then.
TD and Bollinger band indicators both starting to call local top, price movement so far has set this up to be a solid Elliot wave trend where we have seen majority of the price growth on wave #3 which confirms the pattern. Given the bullish activity in the market I doubt we will see a steep correction and I believe that at most we will see a 38% retracement in wave #4 (38% = bullish continuation) a PT of ~$500 seem reasonable then.
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