The square root of 0.78 is 0.88 and that is a probable target affinity for Litecoin (LTC). The H&S pattern is also completed and confirmed with price breaching the Neckline to the downside..this is bearish. Many Altcoins have hit new bear market lows and while not primary; that is one scenario to consider.
However, given that a very robust five waves were completed since Dec. 2018; the current correction is likely a wave 2; deep as the retracement might be.
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