roaken

LTC - Forward Thinking :)

roaken Updated   
BITFINEX:LTCUSD   Litecoin
This chart is bias towards a bull market correction. I believe we're in a #BullMarket now since breaking the downward trend line from BTC 20k, and thus I assume this is the correction pattern. LTC always follows BTC better than any other coin. That's why its my favorite crypto, steady steady, then breaks out. Best risk reward ratio.

That being said! This is an impulse wave prediction based on this structure just having complete an ABC correction in a Fork Channel. It's clearly gaining momentum. I'm projecting that this curve of transition continues and we see a nice impulse wave back up to $162. The support and resistance lines seem to match as well. Go LTC!
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