LTC: close to break up/down?
1st possibility: The GREEN abcde with target between 65cny and 80cny if this was a WXY correction (triangle) into an uptrend, otherwise
2nd possibility: The YELLOW abcde if it was the last part of the whole correction. This would probably finish at double bottom between 13cny and 5.4cny.
3rd possibility: The PURPLE abc that belongs to the BLUE WXY. Targets: 13cny more or less
OR Sideways...
I would lean toward the 1st or 3rd possibility
2nd possibility: The YELLOW abcde if it was the last part of the whole correction. This would probably finish at double bottom between 13cny and 5.4cny.
3rd possibility: The PURPLE abc that belongs to the BLUE WXY. Targets: 13cny more or less
OR Sideways...
I would lean toward the 1st or 3rd possibility
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.