Updated

LTC/BTC potential Elliot Wave count

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

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Red box seems like a good target for wave 4:

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

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Nailed it!

Wave 4 of 5 complete?

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

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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.

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Starting to look like that last high was wave 5:

ltc-joe

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ltc-joe