Litecoin Begining Wave V Up
Litecoin appears to have completed or is very close to completing a Wave IV triangle, and should be starting Wave V up. If this plays out, LTC should take out the December highs around 400
Order cancelled
With the failure of LTC to hold support at the lower trendline, the triangle count was invalidated. It's more likely that III was actually V, I). Currently LTC is in a correction for wave II), of super cycle degree.
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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.