LTCUSD Elliott Wave Analysis - Its not done yet

24 Şub 2019

Litecoin can see further downside into a new low to complete the correction since ATH.

Upwards corrective structure similar to the related idea below.

27 Şub 2019

Not

The structure of this bounce looks corrective so we want to see a short term uptrend for a better short entry on one of the labeled areas.

3 Mar 2019

Not

Looks completed but might as well see another push to 51 or 53 even. Scenario is valid while trading below the high. BTC volatility is low so market will pick a direction soon TM.

3 Mar 2019

İşlem aktif

Filled one order at 49 so its on.

5 Mar 2019

İşlem kapandı: durdurma seviyesi

6 Mar 2019

Not

Regardless of the final EW count on LTCUSD i still remain bearish on the pair. Either as an ABC 4 into new lows or a 123(45) of a new trend.

Verdict, still looking for shorts with min target back to mid 40s. Wont be updating this any more but may post a new idea in the future.