LITECOIN - Support Incoming!

11 gen 2018

LTC has had many opportunities to pull out of the BEAR market and FAILED. It looks like the structure will be tested soon on the MAJOR trendline. It could pull out on this, but I doubt it due to the amount of downward pressure and the SUPPORT line that many traders know is not too far away. I'm expecting LTC to flatten out before a proper Elliot Wave can be formed.

PS Litecoin is my favorite coin and I see it hitting 2-3k by June 2018. HODL :)

11 gen 2018

Nota

If you're looking for a good buy in opportunity 210 works well for a bounce back on the major or flatten out on the support line

13 gen 2018

Nota

Update: Getting lots of BULL candles on LTC today. I've updated the chart to ride up the major trendline instead of along the support line. Support flat is for loser coins. LTC is 2018 MVP