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Fx-Nature

LTCUSD - possible one more down...

Long
Litecoin (BITFINEX:LTCUSD)  
Fx-Nature  
BITFINEX:LTCUSD   Litecoin
Harmonic Patterns Elliott Wave Chart Patterns elliottwaveprojection elliotwaveanalysis
4
0
harmonicpatterns elliottwaves chartpattern elliottwaveprojection elliotwaveanalysis
Long area: 80-90$

Technically:
- End of impulse on 0.706 retracement (typical for 2nd wave)
- ABC corrective structure
- Potential all-time bullish gartley (measured from "0" to price extremum)
- 1.414ext of wave 3
- 1.272ext of wave 5
- Possible extenstion measured on wave 3 length

Resistance zone (place to short) ~175$

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