LiteCoin (LTC) Update: The Bull Run Only Started!!

in #bitcoin • 7 years ago

SUMMARY

The LiteCoin (LTC) correction is well underway. The below chart shows a probable a,b,c vintage correction. Don't forget about the "Hurry Up & Wait" syndrome that all altcoins suffer from. They will very quickly put in the impulse five waves and then take a very long time to complete the correction. So, I wouldn't be surprised if the correction drageed on for a day or so more.

Below shows the bigger picture of LTC/USD. The a,b,c,d,e bullish asending right triangle was breached decisively! I highly doubt that this will all fizzle away. It's a correction and a healthy one at that!

LTC/BTC is the laggard and once price starts impulsing, the 0.0403 target will be attained and still it'll be just the start of this bull run!

Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?

Follow me on Twitter for Real Time Alerts!!

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If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
BTS Wallet - haejin1970
BTC Wallet - 1HMFpq4tC7a2acpjD45hCT4WqPNHXcqpof
ETH Wallet - 0x1Ab87962dD59BBfFe33819772C950F0B38554030
LTC Wallet - LecCNCzkt4vjVq2i3bgYiebmr9GbYo6FQf


Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.**

#money #cryptocurrency #blockchain #litecoin
7 years ago in #bitcoin by
$26.49
  • Past Payouts $26.49, 0.00 TRX
  • - Author $22.54, 0.00 TRX
  • - Curators $3.94, 0.00 TRX
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    • [-]
     7 years ago 

    Captain we have lift off...Daily LTC updates would make me feel special...

    $0.89
    • Past Payouts $0.89, 0.00 TRX
    • - Author $0.68, 0.00 TRX
    • - Curators $0.21, 0.00 TRX
    2 votes
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    [-]
     7 years ago 

    Bull run just starting!!

    $0.22
    • Past Payouts $0.22, 0.00 TRX
    • - Author $0.16, 0.00 TRX
    • - Curators $0.05, 0.00 TRX
    1 vote
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    [-]
     7 years ago 

    Excellent...it would be great if you could use the Coinbase chart too...at least for me:) Thanks Haejin, I tip my hat to you!

    [-]
     7 years ago 

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    [-]
     7 years ago 

    @royrodgers has voted on behalf of @minnowpond.
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    [-]
     7 years ago 

    LTC is currently being positioned as a transaction-oriented coin and it may very well become the go-to coin in the near future.

    $0.00
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      [-]
       7 years ago 

      LTC daha güçlenerek eski günlerine döneceğini düşünüyorum.

      $0.00
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        [-]
         7 years ago 

        1 BTC=24.8 LTC kısa zaman da olmasını bekliyorum.

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