Litecoin (LTCUSD). Two possible options of price move.

There are two possible options for further move of litecoin.
1) The consolidation is going to finish and further drop is imminent as highlighted with red down arrow.
2) More complex consolidation - ABCDE triangle - wave E is pending and then another drop as per blue zigzag.

Yorum:

Option 1 cancelled
Option 2 - triangle is finishing with possible completion of wave E