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Litecoin Short Term Elliott Wave Analysis

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Here is a great guess. The price action has been impulsive but not like a true bull market needs to. I think we are going to see sideways action until around the 14-16 at which point LTC will drop down to the $12 range. That should get rid of all the weak hands. Of course we could be in that bull market as the current volume and price action are looking good. I still have my doubts and will be waiting to enter the market again.

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