LTC - A correction is imminent

Hello all,

The LTC did a very nice UP the last hours but we have now the signs of an imminent correction :

As you can see on the chart, the UP has started via a Break Out from a triangle, one of my favorite pattern. We had a UP of around 50% but now the candles are clearly showing that the correction is in preparation....

As always, the MMA13 is a very good indicator to know the first target of the correction. We can always continue the correction and go farther to touch the MMA50 but it happens often that we just touch the MMA13 and start an UP continuation. Let's see the coming hours, as this chart is a 4 hours chart, we should see quickly if my prediction is good.

I wish you massive profits,
Cryptopassion.io

Disclaimer : Never invest more than what you can afford to lose. This post is my personal opinion, do your own research before making any investment decisions. If you make any trades after reading this post, it is completely in your responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that.

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