...
Comment:
Comment: More EW (again still learning)...my guess is we just completed wave 3 of wave 3 of overall wave 1 of this coming bull market, sorry for not using the proper terminology lol. So, if I'm correct we should get wave 4 of wave 3 coming, which by the law of alternation would be a deep one, so I could see us testing the black descending trendline and/or rising white trendline (from 1 wk chart). Then maybe a truncated wave 5 of 3 of 1 because the 3rd wave was powerful and it for wave 3 of the overall wave 1 to complete at the 1.618 fib extension would make sense. But who knows just thinking out loud, a lot depends on btc of course, but regardless of EW Litecoin looks to be finally turning around here with that last move which helped the ratio of ltc/btc turn around. Look for the golden cross coming on the daily soon. Also, the development update is already overdue, and can be coming any day/week now, maybe some of this early buying is from someone with insider knowledge who knows. Then after that there is potential for segwit to be supported by the network before btc, but no guarantees, stay tuned!