LTC Litecoin Jan 24 Technical Analysis - Is the bottom near?steemCreated with Sketch.

in #litecoin6 years ago

LTC finds a bottom

We see LTC fall thus far into trend lines supported by different time frames. We also see an ABC forming with 5 waves not completed on C wave. With a final wave 5 occuring that is finding a bottom.

Always be cautious, take high probability trades, plan entries and exits, stick to high reward low risk R:R setups. Good luck traders

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This looks almost identical to BTC chart and waves. So I guess together with most other Altcoins that are also finding the bottom (soon), it could only mean that BTC has not bottom out yet? (since almost all coins track BTC now)

I like what I see! Good job 👏

Sincerely hoping LTC becomes the first crypto accepted on Amazon. Would send volume and value soaring!

Finally! I've been hoping you would do a LTC analysis! Loving your content! Keep it up!!

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