The Latest bull Rally from Litecoin formed a near beautiful ABCD pattern then slowed momentum down at previous resistance. Now we are seeing a bullish Elliot Wave appear, possible could break through this resistance level to get back to the ATH from before. Litecoin is in for a very bullish year in 2018
No Sweat! You've got the right idea. Make sure that you brush up on your basic Chart patterns at
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Voocash
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Ellot wave ABC can only appear after Elliot wave 12345 pattern correction. Your assumption is partially incorrect
brentonyoung
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@Voocash, Thank you, I do not dive that much into elliot waves but you can see there is somewhat of a wave forming to make an ATH in the near future
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