General Tone:
My Bullish view:
We hit the $170 resistance.
A break above $178 will invalidate my bearish count
My bearish view:
A break $157, will almost confirm my bearish count
A break $150, will definitely confirm my bearish count
I don't see EW finished. We lack one small subwave to head down. If BTC corrects further to the $7,250 levels, LTC will be dragged down as well to these ranges of $136-$143,
where a combination
a) fibonacci extensions of subwaves 1-2 0.786
b) waves 1-5 fib retracement of 0.786.
(See Below)
Long Term Bias (6+ months) - Bullish
Medium Term Bias (Next Week) - Neutral
Short Term Bias (Today) - Neutral
Long Term Target Prediction - $607 by 2019
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