11/2 1 day chart time load up on litecoin?

COINBASE:LTCUSD   Litecoin / U.S. Dollar
litcoin here has hit the 89.3 fib level while inside this wedge . there are 5 clear elliot waves to the bottom of the wedge . daily rsi divergence followed by macd divergence will allow for this to be categorized as a longterm LOW risk trade. with a stop under the 89.3 fib range makes for a good setup. i have shown you guys this setup in previous charts and it works well.i have personally been accumulating litecoin at this $48-$52 range for a little while now. it would seem this could be a bottom for litecoin. if im correct here ill add to this swing position at wave 2. we saw a macd cross to the upside on the weekly chart a while back.if there ever was a time to see a bull move then this is it.

as with other assets. if i see a drop to an 89.3 percent fib level. im getting in that trade.

thanks guys and gals good luck trading

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