Litecoin LTC Technical Analysis Update 4/26/2018

in litecoin •  7 years ago 

Technical Analysis:

  • LTC broke through the channel and retraced all the way down to wave 1 territory
    • This is a healthy correction 
    • Sub waves in the primary wave 3 have been confirmed
  • Channel has been invalidated, although nothing has changed with the overall count or projections
  • Next target up is $180 in the short term (days)
  • There will be resistance at $170 considering it failed to break through during the last wave up





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I am not a financial advisor,  nor is this intended to be financial advise. I  encourage you to  do your own research    considering  this blog is  a way for me to  document my own  personal  analysis,  charts, trading decisions, and  experiences. 

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7 years ago by

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      ·  7 years ago 

    Thanks for the technical analysis @andrew.simon

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        ·  7 years ago 

      No problem! Glad you found this helpful!

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