As predicted in a previous post... Litecoin made a marginal lower low then proceeded to make an impulse move upwards... I am of the opinion that $47 was the low for the next run higher... I added to my position at that level and will continue to buy the dip whenever feasible... I expect a 3 wave pullback to occur soon and that will be the next opportunity to load up... Looking at the daily chart I believe we are currently in wave 3 of a larger 5 wave move up... My next target to take profits will be around the $400 mark (subject to change over time)...
Thanks for checking out my idea! I am open to comments and constructive criticism... I encourage you to follow me on tradingview!
Thanks for checking out my idea! I am open to comments and constructive criticism... I encourage you to follow me on tradingview!