LTC is in the sideways area which is inside the purple box waiting for confirmation whether it will break up now or go down if there is a break below 180 then lets will return to its strongest support in the 163-165 area where that area has a large demand. Lights will continue to increase if broke the 190 area, then continued until 1.6 the Fibonacci retrenchment...
btc will repeat the same pattern using elliot wave theory we have passed the fourth swing which is a deep correction, this pattern can be formed waiting for confirmation of a breakout of BTC at 64000 dollars to continue the bull run to a realistic figure of 100000-150000 can this happen? DYOR
BTC Monday's candle week must close above 47200-48000 Go back into the broadening wadge pattern so that it can continue the trend to 54000 so that later it can break the main resistance at 58000 in early October or mid, if it fails it will sideways in the 44500-47000 area if the 44000 area is broken then enter the 40 thousand area which is critical for btc
