Updated

LTC/BTC potential Elliot Wave count

Wave 3 of 5 may or may not be complete. I tend to think it is.

Note

Red box seems like a good target for wave 4:

snapshot

Note

Hit the descending trendline on the weekly...is that it for wave 3 of 5?

snapshot

Note

Nailed it!

snapshot

Wave 4 of 5 complete?

Note

What a bounce that was! Here are some wave 5 targets:

snapshot

Note

While it's possible that could be wave 5 (the price did come damn near reaching my green 2.618 extension target), I think more likely that was just a little shake before the bake and wave 5 will extend here.

snapshot

Note

Starting to look like that last high was wave 5:

snapshot

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.