Litecoin is a peer-to-peer digital decentralized currency distributed worldwide and LTCUSD represents the price of Litecoin in US Dollar.
Down from $95 peak, Litecoin did a double three structure that ended around 100% – 161.8 fib ext area $50.84 – $30.74 and from there it’s resuming the move higher in a diagonal wave V toward $132.
Currently, Litecoin is showing an incomplete 5 swings bullish sequence from 09/15 low and it’s looking to extend higher toward equal legs area $85 – $106.
Down from there, it can pullback in 3 waves before resuming the rally toward new highs.
LTCUSD 4H Chart 11.17.2017