i think a bigger retrace is logic, but guessing sideways we will go for another month , then a big drop towards 7500 within day's where 9000 becomes resistance once again..
laddering in long XRP 24.5 till 20, stop 19
Bottom of channel, long for me here, with stop under the channel, Target 021
with a bearish cross of the 100 and 200 DEMA a few days ago, and the descending wedge on the daily, it looks bearish for litecoin and a fall to the .786 is likely. So i'm short with a stop above the descending wedge
could this be correction wave 4 ? with a double or trunked top
short at 0,32, or break of 0,278 , first target 0,24,
Correlation with Bitcoin, allthough i think it will bounce ealier. last wave towards 200 ending abcde correction of wave 3, forming rising wedge, perfect short at 190/200,
for me wave 3 with a clear double top, ends here , 4 touches of the resistance line , maybe a 5th comming shortly. Correction towards 0.5 fib level would be healthy. Then wave 5 towards 6400