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RE: Attempting to Plot the LTC correction
In log this was only a .264 retrace of wave iii which is the typical A-wave. Hit the box right on the money, but to shallow to complete normally unless really bullish. Only a 5 wave move over $34 will get me to change that view. Just being cautious since the ideal is $16, but we are in the zone where we can start to scale into the trade.
Any updates on LTC @wildtrader? It seems to have dudded out while all other crypto's are making all time highs, it hasn't moved much or even retraced its last pullback. I guess we did breakout from 20's all the way to 29's, but I guess i was expecting it to atleast be in the 30's by now. i'll probably hold LTC for now and move into Ethereum.