Litecoin (LTCUSD) shows a bullish sequence from 6.14.2022 low favoring further upside. Short term, rally from 3.11.2023 low is in progress as a 5 waves impulse Elliott Wave structure. Up from 3.11.2023 low, wave 1 ended at 103.41 and pullback in wave 2 ended at 71.37. The crypto currency has extended higher again in wave 3. Up from wave 2, wave (i) ended at 78.43...
LITECOIN IS IN DESC. TRIANGLE WHILE RSI IS MOVING UP , I AM BETTING THIS IS ONE OF THE BEST CRYPTO TO INVEST AS APPX. IN A YEAR THE TARGET SHOULD BE REACHED ONCE WE BREAKOUT OF THE TRIANGLE .
LTC just exhibited a shakeout, which in my opinion indicates the beginning of a new bull run. This will only happen IF BTC doesn't crash any further, as BTC dictates how the crypto market moves.
I do not see Litecoin doing well in the next few months. A drop to $50 is a strong possibility and low $70s is a given.
Based on my calculations on a projected price of $3600 BTC, 1.5% of that is $54. Considering money will move into BTC, LTC may not even hold $54 for what it has to offer.
Not trying to spread fear, but LTC is one of the coins where I do not...
Deja este analisis con la teoría de eliot!!!! algunos puntos no están tan exactos para que se vea la letra!!!! Esperemos que estemos en un cambio de tendencia Saludos!!!!!!
After this LTC bearish down movment we can see this down triangle formed, but it has one condition, if it break his up line we can see a new bullish movment near, the bad thing is that we've got only figures confirmations,
RSI, and MACD still calm and we still waiting for confirmations.
Tron is very much in an elliot wave... AND ITS BIG. Looking forward at it's current tredectory this is how big and over hyped TRON could grow on an Elliot wave. Will time and reason resist this inflated number? I personally think so, as function and form are always a couple. To grow without ability to function always denotes back down to BTC... the mother tree
