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ltc-joe
28 Th05 2017 03:32

LTC/USD possible Elliot Wave count 

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The key thing I see here is three 3 wave move's in a row, so this could be a hint that we are currently in an abcde triangle, which is common for wave 4s.

Here is a closer look at the triangle:


Watch for another 3 wave move up, followed by a final 3 wave move down to complete waves D and E for confirmation. Just something to keep an eye on.

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You can make an argument the C wave has 5 waves, in which case this could be some type of a flat? Well regardless, if either one of these counts is correct, wave 4 coming to an end soon, and we can look forward to wave 5.

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Looks like D is complete:

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That may all folks, E complete?
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metamorphosis11
Interesting idea, let's see how it plays out.
Rawr
chart stopped on july 25th ;'(
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