Wave ((1)) a leading diagonal. Below 105.72 we are allowing wave ((2)) to unfold. Possible target 0.5 - 0.618 retracement area.
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As the price has not even hit 0.382 fib retracement We may see a rally to the upside into 0.5 fib retracement of the W wave to complete the X wave with a flat. Clearing 98.25 may turn the price to the upside.
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Above 76.97 and clearing 91.22 we are looking to the upside for wave ((3)) of 3
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Above 76.97 we will focus to the upside for wave ((3)) looking for price to aim for the 1.618 projection multiple between waves ((3)) and ((1)).
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The strength over the last few days adds credence to the bullish scenario, and suggests LTC is subdividing upper in wave ((3)) of 3.
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Watching for evidences wave (2) finished 93.38. Above 93.38 and clearing 104.29 we are looking to the upside for wave (3)