LTC alternative wave count target
Earlier today I provided a primary wave count with LTC starting a new wave three with target of $330-400
It is possible that this chart instead shows the correct wave count although it doesn't look at aesthetically pleasing. But notice how this hypothetical wave 4 down bounces right of the 618 fibonacci level so we have to consider it as a legitimate possibility.
Either way it looks like its going up - but you may want to consider taking a little profit earlier in the $310-$325 range in case this is wave 5 up to avoid getting stuck in an extended correction
It is possible that this chart instead shows the correct wave count although it doesn't look at aesthetically pleasing. But notice how this hypothetical wave 4 down bounces right of the 618 fibonacci level so we have to consider it as a legitimate possibility.
Either way it looks like its going up - but you may want to consider taking a little profit earlier in the $310-$325 range in case this is wave 5 up to avoid getting stuck in an extended correction
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