Crypto_Ed

$LTCUSD going for next leg up

Long
Crypto_Ed Updated   
BITFINEX:LTCUSD   Litecoin
Long time ago that I updated my LTCUSD chart, sorry for that.... I totally forgot maybe because I check this pair 4x a week in our webinars.

I'm looking at follwing pattern: a possible 5 legs up wave. We just finished leg 2 on fibo 50% and starting next leg up towards the blue box.

Pretty simple set up, most of times they work the best.

Less is more.

SL below blue trendline





LTCUSD
Comment:
Set up failed, SL got hit after dropping out of the channel.
Looks like LTC is making an ABC correction, possible bounce area on chart
Comment:
LTC is back on its way up and I will make new chart with slightly changed pattern
Comment:
Another great winner in our group.
Target reached.

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