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Trader Journals:::2025-05-21T09:38:55

#Litecoin chart analysis

#Litecoin chart analysis

#Litecoin chart analysis

#Litecoin Litecoin is not in a hurry to move along with Bitcoin. The correction has been worked out quite well, but today the correction minimum was updated, currently at 92.38 based on the daily candle. Essentially, I expect such northern zigzags, and if everything goes more or less smoothly, we will try to reach the maximum level of 147.13. Perhaps the attempt will be more active, but building movement with zigzags is more reliable. It is clear that I do not exclude the possibility of sellers pushing for another decline. This possibility even exists on the weekly timeframe. To shake off buyers, a large candle with a long southern shadow may update the minimum at 63.03, and then attempt to build some northward movement. I hope that this will not happen and the northern movement will be more or less reasonable.
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