We called for a corrective bottom near 61.07 and we saw a low at 61.20 from where Litecoin turned strongly higher. In the short term, we could see a temporary corrective setback to 63.80 and then a new strong attempt to break above resistance at 65.82. With a break above here, we confirm that the corrective decline in wave 2/ has been completed and wave 3 has taken over for a rally towards 96.90 and possibly even closer to 113.52 as the next upside target.
Relevance up to 07:00 2022-12-21 UTC+1 Company does not offer investment advice and the analysis performed does not guarantee results. The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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