#LTCUSDT
After a 5 waves of Elliot we can see the other pack has been created and it’s almost completed the 4th wave. To calculate the PRZ of wave IV we have Extension wave 4 in 161.8 fib and Expansion level of 100 of fib. In the other hand we can see the PRZ overlap with the PRZ of a Shark Harmonic Pattern in here.
In order to make a decision, I’ll be waiting until the Pivot 4 hr has been broken down and the direction of trend become downward to execute the trade. My target is 52.99 and 47.12 as a main support area of the coin.
After a 5 waves of Elliot we can see the other pack has been created and it’s almost completed the 4th wave. To calculate the PRZ of wave IV we have Extension wave 4 in 161.8 fib and Expansion level of 100 of fib. In the other hand we can see the PRZ overlap with the PRZ of a Shark Harmonic Pattern in here.
In order to make a decision, I’ll be waiting until the Pivot 4 hr has been broken down and the direction of trend become downward to execute the trade. My target is 52.99 and 47.12 as a main support area of the coin.
Dara Golbon