Acel

LTCUSD Elliott Wave Analysis - Its not done yet

Acel 업데이트됨   
BITFINEX:LTCUSD   라이트코인
LTCUSD can see further downside into a new low to complete the correction since ATH.

Upwards corrective structure similar to the related idea below.
코멘트:
The structure of this bounce looks corrective so we want to see a short term uptrend for a better short entry on one of the labeled areas.
코멘트:
Looks completed but might as well see another push to 51 or 53 even. Scenario is valid while trading below the high. BTC volatility is low so market will pick a direction soon TM.
액티브 트레이드:
Filled one order at 49 so its on.
거래청산: 스탑 닿음
코멘트:
Regardless of the final EW count on LTCUSD i still remain bearish on the pair. Either as an ABC 4 into new lows or a 123(45) of a new trend.

Verdict, still looking for shorts with min target back to mid 40s. Wont be updating this any more but may post a new idea in the future.


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