The Daily Show: LTC (4HR)

COINBASE:LTCUSD   Litecoin / U.S. Dollar
Still very much in bull mode. I personally took a little profit as I have been burned before by not managing my risk. I just want to emphasize that we will be do for a correction when the wave completes. When and how much is anyone's guess.

I am not a pro at Elliot Waves. Just to much guess work and really easy to get wrong without experience. So, I am not even attempting.

My next take profit will only be at the for sure sign of a correction. Then I will be accumulating. I still think we are setting up for a major move later this year.

Just my opinion, not trading advice.
Apr 17
Comment: Not sure why the GANN Box is not rendering properly. If it had went that far past the 1/1 I would have sold. Also, you are going to see some people think this is the start of a H&S Pattern. It is to soon to tell.
Apr 17
Comment: Well it fell out of my flag. This could be a correction for wave 1 which could drop to 130-127 ish.

Now it is just wait and see. 1am EST should be interesting
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