Overall Crypto Trend
Although we are enjoying some bullish breakouts all across the board right now, we need to step back and look at the bigger picture. Since the start of this "correction end", LTC was showing signs of breaking out before the others, and it did just that. It maybe has foreshadowed how the other coins will continue to react as they "finish" their corrections, by having big breakouts. With LTC already impulsing up so high and so fast, we really need to pay attention to the wave counts. If we don't a 5 wave impulse and instead a B corrective wave, the next big price drop may not be far away.
Of course, we need to look at all the coins individually, but if the next move is an immediate moon shot, be ready to take your profit. It's still early so we need to keep watching the price develop
Let me know your thoughts on this.
Of course, we need to look at all the coins individually, but if the next move is an immediate moon shot, be ready to take your profit. It's still early so we need to keep watching the price develop
Let me know your thoughts on this.
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