TA_Crypto
Long

LTC still bullish?

BITFINEX:LTCUSD   Litecoin / U.S. Dollar
In the previous idea, i talked about a possible reversal at 160 dollars (the end of the c wave).
LTC looks bullish due to the fact that we have ended a abc correction and a new cycle could start.
Right now we are in a ascending triangle , with a breakout we should break 200 dollar and reach around 216.
The only possible problem here is that every coin is still closely following btc .
There is still some doubt about the wave count of btc , making it possible that btc is making its b wave now.
If this is the case, 216 would be a tp.

If the abc correction for btc is over and a new cycle has started, ltc could see a stong wave 3 with 250 as target.
The bigger picture shows ltc in a big pennant , making this move possible.
Comment:  
Comment: Broken the triangle, going down
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