โโ Preferred count
โ Litecoin / U.S.Dollar (BITFINEX), ๐TF: 2D
Fig.1
The long-term waves counting has not undergone any changes. It is assumed that the cycle wave V unfolds the ending diagonal, subdividing into sub-waves โ -โก-โข-โฃ-โค. At the moment, the market is at an early stage of development of sub-wave โข. Wave โข should exceed the length of wave โก, taking the form of a zigzag.
_________________
โ Litecoin / TetherUS (BINANCE), ๐TF: 6h
Fig.2
For the last six months, the waves have been unfolding according to our expectations on the six-hour timeframe as well. The completion of waves โก and 2, as well as the beginning of the development of wave 3, were predicted.
At the moment the market is ready for acceleration in the wave (iii) of ((iii)) of 3. As a local alternative, it is allowed to complicate the structure of wave 2 to a combination.
_________________
_________________
โโ Alternative count
โ Litecoin / U.S.Dollar (BITFINEX), ๐TF: 2D
Fig.3
As you know, correctional structures are more variable, in contrast to impulse waves. The downward zigzag A-B-C can be identified as a sub-wave (W) within the unfolding double zigzag (W)-(X)-(Y) of โก.
Get ready for the second wave of the diagonal to transform into a multiple zigzag.
๐ Elliott Wave Guide & Ellott Wave Archive โฌ๏ธโฌ๏ธ
โ Litecoin / U.S.Dollar (BITFINEX), ๐TF: 2D
Fig.1
The long-term waves counting has not undergone any changes. It is assumed that the cycle wave V unfolds the ending diagonal, subdividing into sub-waves โ -โก-โข-โฃ-โค. At the moment, the market is at an early stage of development of sub-wave โข. Wave โข should exceed the length of wave โก, taking the form of a zigzag.
_________________
โ Litecoin / TetherUS (BINANCE), ๐TF: 6h
Fig.2
For the last six months, the waves have been unfolding according to our expectations on the six-hour timeframe as well. The completion of waves โก and 2, as well as the beginning of the development of wave 3, were predicted.
At the moment the market is ready for acceleration in the wave (iii) of ((iii)) of 3. As a local alternative, it is allowed to complicate the structure of wave 2 to a combination.
_________________
_________________
โโ Alternative count
โ Litecoin / U.S.Dollar (BITFINEX), ๐TF: 2D
Fig.3
As you know, correctional structures are more variable, in contrast to impulse waves. The downward zigzag A-B-C can be identified as a sub-wave (W) within the unfolding double zigzag (W)-(X)-(Y) of โก.
Get ready for the second wave of the diagonal to transform into a multiple zigzag.
๐ Elliott Wave Guide & Ellott Wave Archive โฌ๏ธโฌ๏ธ
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