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22.11.202307:16 Forex Analysis & Reviews: Elliott wave analysis of Litecoin for November 22, 2023

Litecoin has tested support at 65.45 and should be ready for the next impulsive rally higher through resistance at 71.79 that will confirm the correction from 76.75 has been completed and a new rally is unfolding towards 96.71 and 115.00 as the next upside targets. Ultimately, a rally towards 131.05 is expected, but first, we would like to see some clear evidence that the corrective decline from 76.75 has been completed with the test of 65.45.

*A análise de mercado aqui postada destina-se a aumentar o seu conhecimento, mas não dar instruções para fazer uma negociação.

Torben Melsted,
Analytical expert of InstaSpot
© 2007-2024
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