I was sitting min the LTC trade for a few weeks accumulating between $30 and $33 USD. Target $42 which was hit. We are currently in the 3rd wave of a bigger wave set and the smaller wave set completed its 3rd wave. I would expect a retest of the $40 which could be a good place to improve position looking for the 5th wave and $50 test which falls in line with the 200 EMA.
Let the steam blow off a few days and look for some support around the $40 mark.
Let the steam blow off a few days and look for some support around the $40 mark.