azizelliott

$LTCUSD - Elliott Wave analysis

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azizelliott Uppdaterad   
COINBASE:LTCUSD   Litecoin
Hi guys! 👋🏻

🔔 Just sharing my Elliott Wave count on LTCUSD. Litecoin is still bullish and I believe the pair will resume the uptrend from this level.

🔔 One of the bull run signals I use for crypto trading is the lower wick of the 4H candle, whenever the bottom wick is longer than the body, expect a bullish run as the long lower wick means that the asset has collected the pending buy orders thus increasing the volume.

🔔 If the count is incorrect refer to the ascending ending diagonal and pls let me know which part of the Elliott Wave count is not correct, because I have some doubts about the beggining of the Primary and Intermediate cycles.

✊🏻 Good luck with your trades! ✊🏻
If you like the idea hit the 👍🏻 button, follow me for more ideas.
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