LTC - The End of the Endless Corrections

LTCUSD looks to be ready to move forward.

We have been going through multiple sets of corrections.

As you can see, I have put a stop-loss and a target for my analysis.

Please see the link to my last post for further information.

We have a large falling wedge formation, a reflex point, and a retracement that did not go beyond 100% of the reflex's right point. If we do not hold the red line then we will see another ABC correction wave.

I will keep you updated.

Cheers,

-AB

Comment:

Stop-loss hit.

Scenario 2 came in play: Correction

Trade closed: stop reached