jimmychen23

LTC will test $252 again.

Long
COINBASE:LTCUSD   Litecoin
This is a continuation of my last count which has followed trend quite nicely.

Here, I'm mapping the smaller waves. The Elliot Wave counts line up nicely to give $252 a good resistance to test.
After it tests, it should pull back a bit (Wave 4 blue), and then go into the Fifth Wave (Wave 5 blue).
The Wave 4 blue might not be as deep if there is bullish momentum.

The Intermediate Orange wave targets are as follows:
247 (1 fib)
288 (1.618 fib) <= I believe this is the most probable.
352 (2.6 fib)

In my opinion, LTC is the best "big" ALT coin to be putting your money in right now within the next 2-3 weeks.

Happy profits!

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