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LTCUSD (Litecoin) 4hr tf analysis

Price action of Litecoin from ~$109.89 on April 01,2018 till date is identified in this analysis as a regular flat Elliott wave structure. Possible termination point of the current progression in Litecoin i.e. target area for Minute wave ((c)) of the regular flat is based on a 123.6% and 138.2% projection of Minute wave ((a)).

LTC again

The target area is therefore between ~$142.76 and ~$146.29.

Point of invalidation (POI) for the analysis is a price close below ~$111.46

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