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