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03.10.202306:59 Forex Analysis & Reviews: Elliott wave analysis of Litecoin for October 3, 2023

Exchange Rates 03.10.2023 analysis

We continue to look for a firm test of resistance at 70.44. A clear break above here will confirm that wave 2 has been completed with the test of 57.69 and wave 3 is in motion for a rally towards the 130.05 target.

Short-term we see support near 64.85 which ideally will act as a floor for a serious test of resistance at 70.44.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Torben Melsted,
Analytical expert of InstaSpot
© 2007-2024
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