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Bullish Elliot Triangle
Litecoin
Short
Bullish Elliot Triangle
By jmayfield337
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Updated
Feb 15, 2018
2
Feb 15, 2018
I don't see this dropping below $197 (Top of wave 1)
I can see it dropping between 205 and 215 based on Fib Retracement and Elliot Wave
In Elliot Wave the Wave C tends to drop below Wave 4 bottom.
We are currently looking at an Elliot Bearish Triangle Pattern...Google it!
Not to mention... The volume has dropped.
This is not advice....Only where I see us headed. Be safe!
Feb 15, 2018
Note
I don't think we are done yet.
The support around $214.50 was strong.
Patience is key my friends!
Feb 15, 2018
Note
Got in at my buy zone. Hope you guys did!
Feb 16, 2018
Note
Just now noticed I meant bearish lol
Feb 16, 2018
Note
Today I see a possible drop to the 180-190 range as we are facing so many descending triangles.
Fibonacci
Trend Analysis
jmayfield337
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