LTC sharply declined last month ,so we are probably in a deeper correction of Wave IV which could last longer due to high cycle degree.When you look at a logarithmic scale you can clearly see a bullish trend within five waves up which has room for a bounce but on a lower time frame there's a sideways move into the 61.8% fib range indicating a push into wave C down to 95/97 area . #bitcoin #cryptocurrency #fintech #LTC #IoT #trading #Korea #Japan #China
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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.