AmmenLee
Giá lên

5th wave inbound for Ltc

COINBASE:LTCUSD   Litecoin / Đô la Mỹ
357 lượt xem
4
357 4
LTC hit the 50% retrace of its big move. Looks like the 5th wave of an elliot wave is inbound now. These are generally the same as the first wave up.

Fifth Waves (Wave 5)
  • Fifth waves tend to be less dynamic and display slower speed of price change than the previous waves. It will usually be accompanied by lesser volume and breadth.

  • Of course, if the fifth wave is the extended wave, this will not be the case in terms of price change. In advancing fifth waves, optimism is extremely high despite a narrowing of breadth. However, the fifth wave of an extended fifth will lack the change of the previous waves and give clues about a change in direction.


Im watching for price to head back to 360 range. Need to watch from there to see if FOMO or news drives it further or it starts a consolidation.
Bình luận: I think 360 is first realistic target as there were likely a large number of buyers that tried to pick the bottom of the retrace from 400+ and have been holding bags.

After 360 next target is 550-615 range
Bình luận: first target hit
Hey there.
Thanks for sharing your expertise here :)
It seems the 3rd wave was the extended wave in this run.... do you feel there is a chance that wave 5 will also extend? Does that happen?
Phản hồi
DVemer DVemer
@DVemer, I got stopped out... the energy seems to be over at BTC : )
Phản hồi
@DVemer, how did you get stopped out?
Phản hồi
Nice work! Thank you for sharing. I think we take out the highs for 5 but all will stay in the moment on that and trade what I see.
Phản hồi
VI Tiếng Việt
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Trang chủ Bộ lọc cổ phiếu Bộ lọc Forex Bộ lọc Tiền điện tử Lịch kinh tế Cách thức hoạt động Tính năng Biểu đồ Quy tắc Áp dụng Người điều hành Giải pháp cho Website & Nhà môi giới Widget Thư viện Biểu đồ Chứng khoán Yêu cầu tính năng Blog & Tin tức Câu hỏi thường gặp Hỗ trợ & Wiki Twitter
Hồ sơ Tùy chỉnh Hồ sơ Tài khoản và Thanh toán Ticket Hỗ trợ của tôi Liên hệ Hỗ trợ Các ý tưởng đã đăng Người theo dõi Đang theo dõi Tin nhắn riêng Trò chuyện Đăng xuất