Hi guys. as we see bitcoin is still going up to 5.5-6K while litecoin is following it's big brother.
When bitcoin soon retests its low we can see a 50% drop in litecoin again.
Just be cautious when LTC drops back from $106 to $50 ish.
Let me know what you think.
From the moment i openend my log scale i saw that there is a whole region that's never fulfilled before.
What if bitcoin breaks 3K is XRP also going to break it's recent floor again ?
0.14 is an option if you think the way i think. XRP went x650 last time... it's still overpriced even if the fundamentals are good now.
What do you think ? comment below.
As we see we have a perfect eliot wave with a perfect ABC setup. I see an extended eliot wave coming (6-7leg) that is also the resistance of the weekly 18EMA.
let's see how this plays out ! but what i already know is that it perfect holds support on the 61.8FIB.
Let me know what you think !