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jmayfield337
Feb 15, 2018 1:43 PM

Bullish Elliot Triangle  Short

Litecoin / United States DollarCoinbase

Description

I don't see this dropping below $197 (Top of wave 1)

I can see it dropping between 205 and 215 based on Fib Retracement and Elliot Wave
In Elliot Wave the Wave C tends to drop below Wave 4 bottom.

We are currently looking at an Elliot Bearish Triangle Pattern...Google it!
Not to mention... The volume has dropped.

This is not advice....Only where I see us headed. Be safe!

Comment

I don't think we are done yet.

The support around $214.50 was strong.

Patience is key my friends!

Comment

Got in at my buy zone. Hope you guys did!

Comment

Just now noticed I meant bearish lol

Comment

Today I see a possible drop to the 180-190 range as we are facing so many descending triangles.
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