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Litecoin LTCBTC - Falling wedge + New bull market! +Elliott Wave

Long
BINANCE:LTCBTC   Litecoin / Bitcoin
- On the weekly chart we can see a falling wedge - bullish reversal pattern and the price is currently above the wedge!
- Due to my Elliott Wave analysis - we have completed an impulse wave successfully (12345) as you can see.
- Our profit target is 0.618 FIB retracement of the wedge or you can target top of the wedge if you think that the price can go even higher.
- LTCUSD pair looks strong compared to bitcoin last week, so we can really experience a huge uptrend.
- We have a huge volume spike as you can see on the indicator!
- Look at my ideas about another interesting altcoins in the related section down below ↓
- For more ideas please hit "Like" & "Follow"!
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