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illuminiF0x

looking for correction then short for LTC

Short
Litecoin (BITSTAMP:LTCUSD)  
illuminiF0x Updated   
BITSTAMP:LTCUSD   Litecoin
Wave Analysis
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waveanalysis
I'm looking for a correction then short for LTC. Target around 47.30, then upside. If we break the lows (47.14) we could be looking for more downside.
Comment:
We seem to be breaking out of the structure on the 1hr. This could be shortlived and be followed by more downside. We can start looking for a possible reversal from 47.13.

snapshot
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