TheBigBadWolf

Is this a possible road for LTC ?

Panjang
COINBASE:LTCEUR   Litecoin / Euro

Can we build a case here? Looking at a 4h chart, the volume of the RSI and EWO confirms the 3rd Wave. As we can see, the correction of the 3 Wave is finding support on the EMA waves as the meddium line of the pitchfork ( Modified schiff ). Looks to me that we are going to have a flat ABC. I would say that once the RSI hits the 30% is a buy zone.
In a larger degree, after the deep retracement of the 2wave, we can confirm that LTC is starting the 3rd wave of a Minor degree.

This information is not recommendation for a buy or sell. It's just my analysis.
Any suggestions and others views/counts are most welcomed.

Cya all
Peace

Penafian

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