I hope this message finds you well and that you're having a great start to the week. I wish you success in your business endeavors.
As someone interested in the Elliott Wave principle, I find it a valuable tool for analyzing the market. I have developed my approach by combining this principle with my personal experience and by considering various scenarios that are likely to occur in the market.
I am sharing my analysis with you, but please note that I am not providing any buy or sell signals. I aim to share my unbiased analysis with you so that you can use it as a guide to make informed decisions.
The first analysis is Litecoin In the attachment, you will find my previous analysis of the same market, so you can compare and see the differences. All the details of my analysis are clearly labeled, making it easy for you to understand (although having a basic familiarity with the Elliott Wave Principle theory will help you understand the analytical idea more easily).
I have been studying the Elliott Wave principle for almost three years now. With time, my understanding of this knowledge and experience has increased. What I have achieved so far is a legacy of a genius named Ralph Nelson Elliott, and I am truly satisfied with my progress. May his soul rest in peace and his memory be cherished.
Thank you for your support so far. I am grateful and will always remember your kindness. Please feel free to share your thoughts and feedback with me.
I hope my analysis will be useful to you in your business journey, and I wish you all the best.
@angu012d, The wave pattern in this analysis is reminiscent of the sharp pattern, but it must not surpass the daily lowest price level. If it does, the analysis will no longer be valid, and an impulse pattern may emerge within the range of the two prices mentioned in the analysis. Therefore, it is crucial to make decisions based on price, and exercise patience and caution for the time being. Good luck!
I apologize for my delayed response. I want to let you know that after the completion of an impulse pattern, there will definitely be an upward trend. For instance, the low of this pattern may have ended at $1,600, and the upward trend is currently happening. It's important to remember that a trend is always made up of small waves of a pattern, which sets the larger trend in motion.