Analysis Method: Fibonacci & Wave Theory w/ dash of fundamentals
About Litecoin: coinmarketcap.com/currencies/litecoin/
Litecoin is a peer-to-peer cryptocurrency created by Charlie Lee. It was created based on the Bitcoin protocol but differs in terms of the hashing algorithm used. Litecoin uses the memory intensive Scrypt proof of work mining algorithm. Scrypt allows consumer-grade hardware such as GPU to mine those coins.
Hourly Chart: Primary Wave 1 & 2
15 Min Chart: Target Area
Will update.
THW
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.