Since December 2018 Litecoin has been producing higher lows and higher highs.
After each correction (ABC on the chart), we get a consolidation phase followed by a bullish wave, without failure.
➖ Recently we had a strong correction, May 2021 through June 2022. ➖ Currently we are experiencing the longest ever consolidation phase. ➖ What follows is the strongest bullish wave, a higher high or new All-Time High.
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