LTCUSD / H2 : Still some bull potential but now : WAIT or SELL

Somebody asked me to comment on this chart so here's my view. Always using combination of market cycle analysis via PRO Sinewave and Elliott wave counts to highlight target zones and price structures.

For the Lite Bitcoin vs Dollar here's my analysis :
Sinewave gave all the trades prior to the break (even a short scalp that would have made a free long entry with paid stop !) I also helped to confirm the triangle formation that triggered the 3rd wave break that confirmed it will most likely be the extended wave of this count (which we now know it was but we could have anticipated this back then). Anyway that 3rd way have reached it's targets, both regarding the 1st wave extension and the subcount 5th wave projections. SO... there's no point putting any long position at these prices. All we can do now is wait for retracement to call again on Sinewave signal near the cluster support identified. Agressiv traders can even consider a counter trend short here with stop above the fibonacci targets cluster. Of course this will be for a corrective and that means leverage has to be downsized here.

Allright ! That's all for me !
Hope this idea will inspire some of you ! I'm pretty new to TradingView so I'ld appreciate any like/follow if you feel like it deserve it ;) @PRO_Indicators

Komen:

for now I'm just in with the short low leverage on the agressiv entry signaled in the m5 chart pic joined in update. Still waiting for a SELL cycle confirmation to step in more seriously and target the break of the current support level to get some nice retracement targets. But of course keeping in mind that this is counter trend and will be secured fast and fully taken profit on early targets in order to pay for long entries in trend afterwards ;)

Dagangan ditutup: sasaran tercapai:

Perfect trade here ! Early agressive signal happened to be market top, the expected confirmation signal came in exactly as expected... Well that was pure and simple here. Breakout happened when I was asleep... and I had the pleasure to wake up this morning with a nice +2,5% gain on equity (BTC dropped 15% but i was low leveraged... as usual on volatile elements like that..)
Here's the updated chart...

Dagangan aktif:

Missed the short opportunity here.. I was basically waiting for this... but that's too late now. I'll short if a SELL signal comes up to validate the range completion and the probable break that should follow if this happens.
Here's the updated 5m chart... We now have a more precise target for calls... It's all explained clearly on the chart as usual

Dagangan aktif:

One more update.. Sell signal didn't show up. But we have the break.. is seems pretty valid to me. I shorted it. Stop is placed as signaled in the chart. Target as well :

Dagangan ditutup: hentian tercapai:

Final update for short... Scenario aborted. Possible price reactivation in course.. NO MORE COUNTER TREND SHORT AT THIS POINT ! its too risky. H2 main chart just gave the buy signal... I may have missed the bull shot here.. So I'll enter on m5 breakout signal... so far nothing like that showed to .. so standby !