Bobdinski

LTC - Time to be a cautious long

Short
Bobdinski Updated   
COINBASE:LTCUSD   Litecoin
Break of 25.53 confirms EW wave 3 down. Target 16-19 for new long
Comment:
Correction not as deep as anticipated - but I sense the next move in LTC will be down again to test the 30 dollar supply zone. If 30 breaks then we test 25 again. Longer timeframe remains quite bullish.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.