Main Quotes Calendar Forum
flag

FX.co ★ Elliott wave analysis of Litecoin for June 7, 2023

parent
Crypto Analysis:::2023-06-07T04:04:38

Elliott wave analysis of Litecoin for June 7, 2023

Elliott wave analysis of Litecoin for June 7, 2023

Litecoin broke nicely above minor resistance at 88.48 as we expected, which indicates that wave 2/ completed with the test of 83.21 and wave 3/ higher towards at least 111.41 now is in motion. We would of course like to see a break above resistance at 93.61 too, but that should just be a matter of time before that break is seen too.

Support at 83.21 should hold firm at any time and can not be broken under this count or we will have to revise our bullish count.

Analyst InstaForex
Share this article:
parent
loader...
all-was_read__icon
You have watched all the best publications
presently.
We are already looking for something interesting for you...
all-was_read__star
Recently published:
loader...
More recent publications...