LTC analysis (12H)

From the point where we placed the red arrow on the chart, it seems that LTC's correction has begun. Due to ETFs, there is a lot of FOMO around this asset, but it's better to analyze it technically.

It appears that LTC is in an ABC correction or a more complex pattern. Currently, it is in wave B, which is forming as a diametric. We can look for buy/long positions in the green zone.

A daily candle closing below the invalidation level will invalidate this analysis.

For risk management, please don't forget stop loss and capital management
Comment if you have any questions
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