There are two paths the orange one and the blue one. The orange one is less likely, because of the symmetrical triangle formed -> correction (ABC) likely. So we follow the blue path to the next resistance... But watch out BTC. When BTC fails, LTC won't be strong enough to keep resistance and will fail... going down a horrible path, just like BTC... But if everything is fine, LTC will be on its path up... A good entry point at least
I love you, §JS
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The moment I posted, the path was chosen. :)
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WOW! look at this. The orange path was chosen :O And my chart is so accurate haha :)) Good luck everyone trading
Trade closed: stop reached
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As I predicted, We didn't come out of the danger zone failed straight. Hope you listened to §JS ;)