I believe that the correction of wave 4 is done, it show the same pattern in the Litecon/dollar chart so this is the confirmation.
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meanwhile bitcoin go ahead litecoin suffers.
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I think that the correction of wave 4 is not done yet. I did my elliot wave count and could find that litecoin is in a zig zag correction (5,3,5). But there are 36 ways of correction so nobady knows. Also if the price cross this bull flag, the correction will be done and this would be a good point to get a position.