$LTC is tracking the wave count clean. Price lifted off the proposed b-wave low and is accelerating into the next Fib zones — those levels mark the potential c/B-wave termination area.
But don't mistake structure for direction. This still reads as a corrective rally inside a larger decline, not the start of a fresh impulsive bull leg. If the count holds, this bounce should eventually roll over and push lower into Q4, finishing the broader cyclical correction.
Trade what you see, not what you want. Structure over story.
But don't mistake structure for direction. This still reads as a corrective rally inside a larger decline, not the start of a fresh impulsive bull leg. If the count holds, this bounce should eventually roll over and push lower into Q4, finishing the broader cyclical correction.
Trade what you see, not what you want. Structure over story.