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jojofang0901
Sep 6, 2021 7:22 PM

LTC Further Up Move After Consolidations Long

BITSTAMP:LTCUSD240
Litecoin / U.S. dollarBitstamp

Description

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Hi traders:

From my previous LTC analysis/outlook, we see price does indeed form the bullish correction and push the price higher.

Now that price has impulse above the previous highs, there's good opportunities for another buy opportunity.

Price is likely to consolidate here and form into a bullish continuation correction structure, so be patient and wait for price development

Once price completes the correction, expect another up move to the next highs as a potential target.

Thank you

Comment

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No consolidation formed here
no bullish continuation correction
price action
no entry, no trade
Chart PatternsParallel ChannelFlagpriceactionstructurepatternimpulsecorrectiondescendingWedge
Comments
TRADiNG_hub
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Quality Stuff 👏
jojofang0901
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@TRADiNG_hub, thx bud :)
CobraVanguard
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I like your idea!
jojofang0901
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@T_V_TreeTrader thank you appreciate as always
sencho_
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LTC is a shit coin indeed
jojofang0901
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@sencho_ but it’s weird you are posting all LTC chart/analysis and call it bad tho 😅.
sencho_
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@jojofang0901 yes i share ideas but I don’t trade that coin anymore, one step pump = big dump
Really shit 😝 you saw what happen everybody have been waiting it to pump when BTC back to 52 but LTC Dump and still digging down 😂
jojofang0901
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Interesting :) it may not “pump” like some other coins but there price action technical is there, so I will wait for development on it and decide accordingly thx
sencho_
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@jojofang0901 wish ya all the best in your trade 😊 and thnx for discussion 😊
FieryTrading
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Thanks!
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