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#LTC LTC has gone through a rather complex daily chart expansion and upgrading central pattern in recent years. If we take 49.8 as a0 for the same level decomposition, there have already been two daily chart pullbacks without breaking new lows. 79.68 can temporarily be considered as a daily chart class 2 buy.
The current blue box here indicates a 30-minute pullback. If it does not break below 79.68, it will be a 30-minute second buy. Based on the current internal downward structure, I believe the probability of a second buy being established is quite high. Intraday, we should look for buying points, with the operational level being upward on the 30-minute chart.
There is no clear direction on a larger scale, and it is in the daily chart's bearish phase. Many friends want to see the exit segment of the daily chart here, but it is currently not visible. Only after breaking through the high point of 113.71 again can we confirm the validity of the bottom pattern~
In addition, Bitcoin has not stabilized, and the lower time frames will still affect the altcoin trends. Overall, it would be more appropriate to gradually enter the spot market and wait for Bitcoin to stabilize before making additional purchases.