LTC correction is near its end

Following Elliott wave principles, LTC has been in a corrective move since its high @ 99.35. This pull back has a textbook 3 wave structure, noted yellow (a),(b) and (c). The current leg, (c) is trading its support zone @ 75.85. Regrading the oversold condition and high positive momentum, we are waiting for a U turn soon. The token may well trade below this support, but it shall be brief.

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