Litecoin is currently trading inside a triangle pattern.
If my Elliott Wave count is correct, it appears that it could break through to the lower side, meaning some downwards price action could be on the cards.
Please remember I'm still learning this stuff! I could quite easily be wrong.
NOTE: This post is also being made with Steepshot.io, because I wanted to give it a try, so I have no idea how it is going to look after it has been posted. But I'm looking forward to seeing how it turns out.
Thanks for viewing!
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