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?
Note
A well define ABC upward correction, provides confirmation that another, deeper leg to the correction is in play.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.