Updated
LTC/USD possible Elliot Wave count
The key thing I see here is three 3 wave move's in a row, so this could be a hint that we are currently in an abcde triangle, which is common for wave 4s.
Here is a closer look at the triangle:
Watch for another 3 wave move up, followed by a final 3 wave move down to complete waves D and E for confirmation. Just something to keep an eye on.
Here is a closer look at the triangle:
Watch for another 3 wave move up, followed by a final 3 wave move down to complete waves D and E for confirmation. Just something to keep an eye on.
Note
You can make an argument the C wave has 5 waves, in which case this could be some type of a flat? Well regardless, if either one of these counts is correct, wave 4 coming to an end soon, and we can look forward to wave 5.Note
Looks like D is complete:Note
That may all folks, E complete?
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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.