Felgenhauer

Where will LTC/USDT go? Brief analysis

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BINANCE:LTCUSDT   Litecoin / TetherUS
Well, from the chart, it shows that the bullish momentum has dissipated due to the double top formation. Now, we can expect a correction at a very least to 1.618 fib area before continue next movement. However, there is still a possibility for it to go up and test the yellow trend line before going down. Thus, it is best to just wait and find a good entry position
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