Litecoin is trading just under flat on a mixed day for cryptocurrencies. The Elliott Wave pattern could have just created the wave four top. LTC/USD Daily Chart Litecoin has moved higher in recent session but buying momentum is slow today. The red five-wave pattern is now done and it was very well respected. Now we have to work out if the black pattern is an ABC consolidation or a new 5 wave pattern lower. The key thing is the wave one-two low. If that gets broken to the upside then that could mean this was just a deep consolidation. Now if the daily candle closes lower today then it seems this is an upside rejection and we have a potential wave five on our hands. Additional Levels FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next Gold reverses dramatically and drops $40 FX Street 2 years Litecoin is trading just under flat on a mixed day for cryptocurrencies. The Elliott Wave pattern could have just created the wave four top. LTC/USD Daily Chart Litecoin has moved higher in recent session but buying momentum is slow today. The red five-wave pattern is now done and it was very well respected. Now we have to work out if the black pattern is an ABC consolidation or a new 5 wave pattern lower. The key thing is the wave one-two low. If that gets broken to the upside then that could mean this was just a deep consolidation. Now if… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
