LTC correction ABCDE Wedge

in #btc7 years ago

Litecoin had an amazing impulsive rally 'out of the gate'; This will be followed by a requisite correction, I'm lead to suggest that it will be an ABCDE wedge as depicted in the following picture.



Disclaimer: All technical analysis is for entertainment purposes only, this blog is not meant to be a financial planning or investment guide :)

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This is my next wedge scenario but I'm primarily counting a Zig/Zag or Flat.