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Litecoin, the big ABC

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BITSTAMP:LTCUSD   Litecoin
Lot of fud in the crypto market. While this space is full of scams Litecoin is one of the few that is pure legit, a mean of exchange. Is not designed to replace Bitcoin rather than being a healthy competitive partner, however when things turn down, everybody tends to do the same thing, sell and enter short. So here is my view, a big ABC starting from December 15th, if you see my chart, we already complete 5 waves up, which is the first impulse, so now the market will print the B correction, and after that the final C impulsive wave up which in my opinion will take us to around 130-140.
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