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.
----------- This is not a trade signal. I am just sharing my 2 cents.
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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 :)
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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
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Experts let me know whether i should have considered this as Descending Triangle or the ABC Correction Wave
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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
Your prediction was brilliant.
Following you.
Thanks.