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astoinis
Dec 21, 2022 7:36 PM

LTCUSD ABC correction nearing completion? Short

Litecoin / United States DollarCoinbase

Description

after 5 waves up we are seeing a massive ABC (variation of) correction and completing the 5 waves of C imho

IF this count is correct, and BTC tumbles to new lows (or at least test previous lows) i think its fair to say we will see market wide corrections

Some Key Levels of Significance:
-$48.88
-$40.27
-$29.52
-$22.83

in particular if this current structure is a true bear flag, i will be most interested in a buy at the ~$30.00 level

not financial advice, just thoughts and notes for me to compare in the future.
Comments
SwallowPremium
Wow, your technical analysis is awesome man, thanks for the post!
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