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Crypto Contest August 20: Litecoin Cash

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Published: 20 Aug 2019 › Updated: 20 Aug 2019Crypto Contest August 20: Litecoin Cash

Crypto Contest August 20: Litecoin Cash

Litecoin Cash (HitBTC: LCCBTC) has broken out of the triangle pattern in the daily chart.

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(Chart courtesy of Tradingview.com (log scale))

Elliott Wave Analysis

In Elliott Wave terms, LCC began a wave one advance on July 21. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on July 29, and the red wave two (blue sub-waves a-b-c) correction ended on August 14. If this wave count is correct, LCC should be heading next towards the July 29 peak in the red wave three.

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(Chart courtesy of Tradingview.com (log scale))

Funnymentals

Litecoin Cash was forked from Litecoin on 18 Feb 2018. You can learn how to mine Litecoin Cash below.

(Sources: Litecoin Cash and YouTube)

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How can I vote? Where is the contest?

You can vote by following this link.


Published by Maarnio

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https://mentormarket.io/cryptocurrencies/maarnio/crypto-contest-august-20-litecoin-cash/


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I have 20 years of investing experience. I have traded stocks, commodities, cryptocurrencies, and forex markets.

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