nagihatoum

LTC, gambler's fallacy

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BINANCE:LTCUSDT   Litecoin / TetherUS
the gambler's fallacy is " the mistaken belief that if something happens more frequently than normal during a given period, it will happen less frequently in the future"-wikipedia

Just because price dumped so many times in the recent past, doesn't mean it will not dump again now.

60% chance it will drop one more time (a second drop less likely but plausible). It will form a bullish divergence, and retrace to $56

30% it will retrace directly to $56

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