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LTC/BTC looking lower, after temporary pullback – Elliott wave analysis

LTCBTC can be trading in a bearish impulsive move, down from april 07. We are observing a wave (iii) of a higher degree, which can be targeting 0.0044/0.0042 zone. That said, we still want to see price unfold its temporary, minor wave iv correction, which is now in progress, and can look for resistance/bearish turn at the 0.0048/0.0050 region, before bears again turn towards the lows.
 

LTCBTC, 1h

Litecoin

Trade well.


We realize that markets are very volatile and unstable these days. That is why we decided to give out a Special Discount to New and OLD members; Save 50% on Any FX or Digital Package. Visit .

LTCBTC can be trading in a bearish impulsive move, down from april 07. We are observing a wave (iii) of a higher degree, which can be targeting 0.0044/0.0042 zone. That said, we still want to see price unfold its temporary, minor wave iv correction, which is now in progress, and can look for resistance/bearish turn at the 0.0048/0.0050 region, before bears again turn towards the lows.
 

LTCBTC, 1h

Litecoin

Trade well.


We realize that markets are very volatile and unstable these days. That is why we decided to give out a Special Discount to New and OLD members; Save 50% on Any FX or Digital Package. Visit .

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