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**SUMMARY**

Litecoin (LTC) broke out of the a,b,c,d,e triangle with gusto and is now correcting. For the benefit of the doubt, I've labeled the a,b,c as potentially being complete and the subsequent impulse that should be seen to confirm the trend change. However, this is NOT my primary count.
![](https://steemitimages.com/DQmPj9FKDpDdRUgqVoKowViBvw2G1sAczw2C3XNMfWegePs/image.png)

Don't forget about the "Hurry Up & Wait" syndrome of Altcoins. Litecoin is no exception to this syndrome as it is an innate genetic trait of all Altcoins. Thus, I believe the correction be slower and longer as shown below. So, when is the best time to buy? If you viewed my [Tutorial on Buy/Sell Setups](https://steemit.com/bitcoin/@haejin/when-to-buy-and-sell-using-elliott-waves-a-tutorial) then you'll know exactly that you don't buy a correction until the terminal end of the a,b,c waves. So, I've added the subwaves of red wave c and one would consider laddering in during the blue wave 5. What's laddering? Check out my tutorial on this invaluable tool [here](https://steemit.com/bitcoin/@haejin/an-effective-buying-and-selling-strategy-laddering-a-tutorial-on-to-cast-a-ladder).
![](https://steemitimages.com/DQmbKT2C39eXcZuBaCT39FRnpqe5PLhpaXNoy7gJjxP32A3/image.png)

The below is LTC/BTC and the very long angled white line represents a formidable resistance. But look at the triangle fractals! The current fractal will break out like the prior twos. If so, we could see an impulse towards 0.0403 BTC. The LTC/BTC pair is as we now all know, behind in price progression compared to the LTC/USD pair so that gap will be close pretty soon.
![](https://steemitimages.com/DQmfKqv6aw61cDiiN8cpz4hxJEHmHkZaeuXD9k6S4p1RQCg/image.png)

Video has more details!
https://youtu.be/9Pc45xbFIpU




Please consider reviewing these Tutorials on:
[Elliott Wave Counting Tutorial #1](https://steemit.com/bitcoin/@haejin/elliott-wave-tutorial-1-by-haejin)
[Elliott Wave Counting Tutorial #2](https://steemit.com/bitcoin/@haejin/elliott-wave-tutorial-video-2-zig-zag-and-flat-corrections-how-to-recognize-and-label-corrective-waves)
[Elliott Wave Counting Tutorial #3](https://steemit.com/bitcoin/@haejin/elliott-wave-tutorial-iii-how-to-label-and-apply-triangle-price-corrections)
[Laddering](https://steemit.com/bitcoin/@haejin/an-effective-buying-and-selling-strategy-laddering-a-tutorial-on-to-cast-a-ladder) and [Buy/Sell Setups](https://steemit.com/bitcoin/@haejin/when-to-buy-and-sell-using-elliott-waves-a-tutorial). 
[Laddering Example with EOS](https://steemit.com/bitcoin/@haejin/eos-target-usd3-22-analysis-update-live-real-time-laddering-example-you-don-t-want-to-miss-this)
[Tutorial on the use of Fibonacci & Elliott Waves](https://steemit.com/bitcoin/@haejin/tutorial-on-the-use-of-fibonacci-ratio-and-elliott-waves)
These Technical Analysis Books: [Elliott Wave Priniciple & Technical Analysis of Stock Trends](https://steemit.com/bitcoin/@haejin/n98sk-haejin-s-ta-book-recommendations-for-elliott-wave-and-chart-pattern-recognition) are highly recommended
[@haejin's Trading Nuggets](https://steemit.com/bitcoin/@haejin/haejin-s-trading-nuggets-all-learned-through-tonnages-of-failure-experiences)
[Essay: Is Technical Analysis a Quantum Event?](https://steemit.com/bitcoin/@haejin/essay-is-technical-analysis-a-quantum-event)

Follow me on [Twitter](https://twitter.com/Haejin_Crypto) for Real Time Alerts!!
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**Legal Mumbo Jumbo**: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.** </center>