LitecoinShort
LTC finished ABC
Litcoin has finished 5 Elliott waves and will likely correct soon. The RSI is displaying bearish divergence, where the prices goes higher, but the RSI does not, indicating a loss of strength. A key point to watch is the 47 RSI level on the ascending RSI support line.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.