ltc-joe

Litecoin LTC/USD chart...flat correction?

ltc-joe Uppdaterad   
BITFINEX:LTCUSD   Litecoin
While this could just go straight into the raging bull market, a nice longer wave 2 wouldn't surprise me here. A flat correction is my guess because it leaves room for a new ATH -0.99% to trap the bulls in wave b, than we go down to trap the bears for wave c. Just a thought.

Also in line with my ltc/btc chart. If we start closing candles above the 1.38 extension than there's a good chance this idea was wrong, and we are going straight into the bull. Good luck!
Kommentera:
Lots of sideways action here, but I think this should get going soon:
Kommentera:
I guess this probably makes the most sense:
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