Litecoin Corrects! Where to buy back??

Litecoin has corrected quite hard, harder than most of the other cryptos. This should be considered a buying opportunity. This does appear to be the corrective segment of a 5-3 Elliott Wave. If support at $130 does not hold, we should have support at $124. If it dips any further, this will invalidate the pattern entirely. Once we get a burst of momentum, this may constitute the beginning of the next Elliott Wave (wave 1) and we should make it back to highs, or levels nearby, shortly.