Litecoin (LTC): Correction is Almost Complete..Expect a Surging Bre...

SUMMARY

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Here is Litecoin (LTC) long term chart and check out the pattern! A symmetrical triangle with the ABCDE waves labeled. All are complete except for wave E and that too is just about finished. This is exciting because as the E wave is sitting on the bottom trendline of the triangle, the propensity of the price is to breakout to the upside!!

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So, let's now combine price and pattern with Elliott Waves. The subwaves of the ABCDE qualify the count. Volume has decreased to the minimal level; hence, volume confirmation is had for the symmetrical triangle. The MACD is also genearting the now very common symmetrical triangle pattern also! Expect a breakout soon!
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