matt8932
Long

Litecoin - Wave 5 possible high

BITSTAMP:LTCUSD   Litecoin / U.S. Dollar
If the price can pierce yesterday's Wave 3 high, then we are in with a shot of a substantially higher high.
Thanks for your TA. So target sell at $260 still holds ?? Can it go higher than $260 or will there be a pullback ?
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@TUGFGTM, This is Crytpo so anything is possible! Looking at the chart now, I remain of the same opinion: if it can overcome the resistance at yesterday's high (which so far it hasn't), then 260 is still in play. I wouldn't be surprised to see a bull flag / ascending triangle form ahead of the breakout, which could take a day or so to play out.
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Ignore the mistakes in the callouts. I'm multitasking today.
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