Lite Coin (LTC) - August 23

Hello?
Dear traders, nice to meet you.

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You need to see if you can climb along the uptrend line (2).

We have to see if we can break through the 0.005566 point of the volume profile.

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(LTCUSDT 1D chart)
It remains to be seen if it can break off the downtrend line (3).
If it deviates from the downtrend line (3), it is expected that a wave will emerge to create a new wave.

If you can rise above the critical point of 63.89 and break off the downtrend line (3), I would expect to create a new wave faster.

I think you shouldn't fall below the 54.16 point to create a new wave.

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Anyway, the price of BTC is in the high section.
The pumping of many altcoins continues.
In this case, it is good to invest in new coins to earn profits, but I think it is time to think about reducing the number of coins you have.

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** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.

Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop-Loss point or section
S: A point or segment that can be bought for generating profit as a support point or segment

(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You must trade from a short-term investment perspective.)