Ticker:
LTCUSD
Timeframe: 15min/2 days
1- RSI ticking down to complete wave 3 to 4.
2- MACD ticking down.
3- If the Elliot wave analysis is correct LTCUSD is ready to move from a wave 3 to a wave 4 in time with the MACD and RSI cool off.
4- If the elliot wave analysis is correct we should see approx. $150 as our next stop once we bounce.
(Short term resistance/support expected around $149.3 and $148.6)
Short Term: Slightly Bearish
Mid Term: Neutral/Impatient Bull
Long Term: Bullish
Market Sentiment: Impatiently Bullish
Timeframe: 15min/2 days
1- RSI ticking down to complete wave 3 to 4.
2- MACD ticking down.
3- If the Elliot wave analysis is correct LTCUSD is ready to move from a wave 3 to a wave 4 in time with the MACD and RSI cool off.
4- If the elliot wave analysis is correct we should see approx. $150 as our next stop once we bounce.
(Short term resistance/support expected around $149.3 and $148.6)
Short Term: Slightly Bearish
Mid Term: Neutral/Impatient Bull
Long Term: Bullish
Market Sentiment: Impatiently Bullish