Short term we will most likely see LTC hit around $58 to $59

Short term we will most likely see LTC hit around $58 to $59 and finish the last wave of this run up from the $41's. I believe we will then see a correction back down to the $47's before a move back to the $70's

Trade ist aktiv:

We are almost done with this run, could correct very soon.

Kommentar:

I believe the correction has started, we could see a potential drop to $47's before any other big moves up

Trade ist aktiv:

So LTC surprised us with an extended wave 5, which should of been a surprise considering wave 1 and wave 3 were about the same size, which should of been a sign of the extended wave 5. Never the less we should still see a correction, maybe not down to the $48s like I thought it was going to be, but still around .618 of the entire 5 waves. Should bring us back down to around $51.