Price retraced to $60 which cancels out the possibility that we are in a new impulse (wave 2 must not retrace past the start of wave 1). We may now be nearing the completion of ABC retracement making up wave 2 after bouncing off of that support at $60. However after taking a look at LTCBTC chart (important to refer back to BTC for LTC and ETH as much of the...
My first Elliott Wave analysis with some possible supports. I'm not sure whether we have finished an ABC correction or whether leg C is still to come, feedback welcome.