Edied Elliot wave chart

COINBASE:LTCUSD   Litecoin / U.S. Dollar
Updated version of first chart (Still learning how to use this thing lol)
perfect! nice to meet you!=)
Now it´s clear. Wave no 5 was the final trend wave of an impulse. Now (what you show as a-b-c waves after wave 5) is the correction of the last impulse. It stopped perfectly at 61 Fibo retracement

Now comes the retracement of the retracement. LTC should run up retracement 32 or 61. Then is the big question: was this just the (smaller) correction before the next impulse or comes a big correction and this, what you show as wave c, ist just the first of three correction waves.

I guess, this depends on btc again. It´s the big question, if BTC just tested the median of the Bollinger Bands or if it will go through.

But at least you made a great job with the waves. It is really hard to count Elliot Waves as it is never clear, which wave belongs to which time frame. But EWs be a great help
+1 Reply
Have a negative divergence in MACD and StochRSI, the here shown SHS is developed fully, LTC is long time overbought. End of the year (traditional rallies end now). Many signs show bearish. But the altcoins are so bullish, really hard to say, but you EWs make sense to me. I guess, it also depends on BTC.
how do you know how long to draw those lines?
Spot on! #talented
@jeppanl, OMG IM SO EXCITED!!!! Thank you so much for your comment!!!!
+1 Reply
Todays bull run buy in price was $315 and my predicted buy in price was $321

Buy in price tomorrow is $335 to $350. nOt sure if gorilla at 360 is charlie lol trying to make it fair
@rook2pawn, Awesome! I just have to figure out how to measure the actual waves so I can get a better measurement of time lol
You should be in prison.
@pwdzongoku, dude its only for the next 2 or so hours
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out