cryptowaveman
Long

LTC/USD Litecoin Fishing for a Bottom

COINBASE:LTCUSD   Litecoin / U.S. Dollar
Going to start averaging in soon. It appears that the 1st and 2nd wave of C has happened and began wave 3 which hit the .618 leading me to look around the 2.0 extension at $174 (in red) or the .5 extension (in blue). Not going completely in on this move if it only goes to .5 extension. Stop losses will be set below .764 at roughly ~$149


Comment: looks like .764 was hit instead so 2.618 extension around 167

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