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jwburnum
Sep 9, 2017 10:25 PM

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

Litecoin / U.S. dollarBitstamp

Description

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.
Comments
jwburnum
Actually. I think the projection will be the next support up.
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