Litecoin (LTC) Correction 0.78 Fibonacci Target of $124
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SUMMARY
Litecoin (LTC) has also been making lower lows, but incrementally and not at all as crash scenario. This decline is a very incremental, methodical, coordinated, controlled decline that is so far adhereing to pattern and Elliott Wave count. Similar to Bitcoin, LTC is also showing a wedge fractal. The Elliott Wave count for LTC still remains as a larger degree of trend 1 and 2 where the blue impulse is the subwave set for 1 and the current wedge's abc are the subwaves for 2.
It's quite likely that LTC is gunning for the 0.78 Fibonacci zone and that's at the $124 level. IF that is breached; then the next Fib area is the 0.88 but price is a bit above that level for now. The ZigZag 5,3,5 is still in execution. I believe the terminal end of this minor correction is very close.
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Great analysis Haejin.
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Update on actions off blockchain being taken against @haejin.
https://steemit.com/stewardsofgondor/@iknowwhoyouare/i-haven-t-gone-away-and-continue-my-efforts
I used to be @Haejin's #1 fan. I no longer believe anything #Haejin post here on #Steemit.
You even upvoted me one day & then removed it. That really made me upset!!!
https://steemit.com/haejin/@born2crypto/haejin-predicts-bitcoin-will-be-usd270-000-by-2025
So this correction makes you think it won't be 270k by 2025... Change your name, you are not born to crypto. Maybe change it to @buyhighsellow
başarili paylaşim
134 or 124?
This depends entirely on what the bitcoin is going to do and it has just dropped below his critical point (less than $ 7750 at $ 7400 at this moment).
https://steemit.com/bitcoin/@goldmine2018/bitcoin-reaches-a-critical-point
thank for information
👍👍
Good post! Keep it up. 👍
It lines up with my chart :) time to load up
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