jwburnum

LTC - Triangle Wave - Slow for the next several days.

Long
BITSTAMP:LTCUSD   Litecoin
We are in triangle wedge at the moment. 61.8% has been confirmed twice. This is a huge trait of an elliot triangle wave. 61.8% is important to validate.
We are going to see slow movement for the next several days. I'm projecting the price to go back to the center position.

What's interesting to me is that the fib time retracement low from today back in time, show the peaks lining up on triangle, never seen this before. Very interesting.
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