LTCBTC Litecoin on 4h looking bullish off .618 fib

LTCBTC Litecoin on 4h looking bullish off .618 fib. Im long here based on the double bottom, strong support zone, optimal entry on fibs, oscillators oversold zone. Is this wave 1 of an EW? On my toes for a potential stop run also, I don't plan on getting taken out. Go Litecoin!