Update 7th May 2018 - LTC.
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A Bullish market is driving sentiment, Elliot wave formation is in full swing. We have seen 11 days of continuous upside , the candlestick formation is playing out Elliot wave theory.
(https://elliottwave-forecast.com/elliott-wave-theory/)

we are seeing cup and saucer formations on the chart
https://www.investopedia.com/university/charts/charts3.asp
and indicator of price movement , on this current chart we should see a flattening of the current price moving into another elliot wave extension