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Litecoin - a bellwether chart

Looking at Litecoin to provide a clearer indicator of the general Crypto space, I see potential for an immediate correction, followed by a rally to new highs through the remainder of this bull market cycle.

What do you think? Are we looking for a wave 2 bottom?
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A well define ABC upward correction, provides confirmation that another, deeper leg to the correction is in play.
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