LTC lets see we have a completed 5 waves with a possible ABC down pattern. Within our downward channel, we have failed to break out over 3x on the way down.
I started my short near 118-121 so if u enter her be worry of a breakout of the channel if our pattern becomes invalid.
I started my short near 118-121 so if u enter her be worry of a breakout of the channel if our pattern becomes invalid.
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major lines of supports matched with fibs as we see 65/ 35-40 are the real only strong areas. this pump will be reverted as we go down 1-2 weeks we will see 65-70 range also notice the lack of buying power to even make it out of the channel 6 touches all failed to exit.
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keep an eye on these levels as it falls
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updated wave
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hard to see but the original orange lines were just to gage more or less when we finished a going into b / breakout after 82 region get ready for another massive fall
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Trade closed: target reached:
closed the other day low 30s can still happen original scale was supposed to be 6 day not 6 hr btw reason it looks funky lol happy trading