LTCBTC made a significant low on recent days, which coincide with fibs time frame overlay from previous waves made. One can only hold for descent profits ! LTCUSD should follow !
There is no bases behind this
the waves you drew are very subjective
you said it made a significant low but provided no explanation as to why it is significant
edwardcryptoamos
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@Havier, First, thank you for the comment!
If you read the notes on the chart, where C =100% A from B overlay with 78.6% fib ret. of the 5 wave advance ; and the fact that coincides with overlay of fib time calculated from the previous high to low and low to low ;
All come together at this low best and highest possibility for termination of wave C .
If you look closer, notice this low is almost in line with wave 2 end !!
Above mentioned conditions doesn't happen often !
the waves you drew are very subjective
you said it made a significant low but provided no explanation as to why it is significant