LTC Hit Important Structure
250 is strong Supply Zone
and if price coudn't make higher high anymore
a down wave will begin
and going to 125-107 area
TARGET 300$
Btc entering the wave in front of 1 elliot wave count, important area between 12-13 k where it is a very strong support and is creating a double bearish ceiling to create the corrective wave 2 that would take us around 9k again and go bullish from 9 to 20k approx.
the strong Stop support is 9100, of not going bullish until at least 12 k, and if it breaks 9100...
The lateralization and consolidation of bitcoin prices is creating a possibility of a bull market in many alt coins, in this case we have close to XVG near the exit of the bearish channel, guiding us by the indicator AO and MACD as well as RSI that are pointing to the rise.
