LTC/USD, Congrats on the ATH, wait to buy until we're under $40.

Updated
I see a pattern replication that we've just completed our second major peak on. Expect a series of drops over the following days coincident with the fibonacci. I expect price to dip below $40, at which point buying is advisable in this bullish market.
Note
50 had stronger support than expected! I suspect the ensuing Bitcoin scaling on Aug. 1 is providing it.
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