Main Quotes Calendar Forum
flag

FX.co ★ Elliott wave analysis of Litecoin for August 2, 2023

parent
Crypto Analysis:::2023-08-02T04:15:56

Elliott wave analysis of Litecoin for August 2, 2023

Elliott wave analysis of Litecoin for August 2, 2023

Litecoin has most likely completed its correction in wave ii with the test of 88.00. All that is needed now is a break above minor resistance at 95.97 which will call for wave iii towards 105 and above. This of course also means that as long as minor resistance at 95.97 is able to protect the upside, we could see another attempt to re-test the 88.00 low. We doubt that it will come this far and any push lower will be halted near support at 90.45 for the next push higher to test resistance at 95.97.

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...