My thoughts on HALVING event in Litecoin. Probably safe long if rebounds at the depicted fib level. Could be a nice short play just before event takes place.
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Probabilistic depiction in USD
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Take a look at this scenario that happened when $VTC halved. Similar or in my eyes better project. #vertcoin was in euphoria right before the event, crazy predictions etc.. Event was priced in beforehand. Stay cautious of $LTC. Could be similar.
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LTCBTC invalidated my elliot wave count so here is a recount. Unless we close under that dotted trend line a wave 4 to 5 is still in play. 4 must not close under the top of 1
Trade active
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And here is USD chart. Stop under $95