empty
 
 
07.02.2023 07:57 AM
Elliott wave analysis of Litecoin for February 7, 2023

This image is no longer relevant

Litecoin has completed the minor correction from 102.39 and is now headed higher towards the next targets at 104.96 and 107.82. Longer term we continue to look for much higher levels at 121.43 and likely closer to 135.00 before we see some real resistance that will be able to turn Litecoin lower in a larger correction.

For now, we will stay focused towards the upside and a continuation higher to 104.96 as the next upside target.

Torben Melsted,
Analytical expert of InstaForex
© 2007-2023
EURUSD
Euro vs US Dollar
Select timeframe
5
min
15
min
30
min
1
hour
4
hours
1
day
1
week
Start trade
Start trade
赚取InstaForex的加密货币利率变化
下载MetaTrader 4并开始您的第一笔交易
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $8000 more!
    In March we raffle $8000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Bitcoin continues to move sideways, but the clouds are gathering: what to expect in the near term?

The previous bullish week ended and left the cryptocurrency market in a state of increased volatility. The market has been consolidating and moving sideways for the fifth day to stabilize

Artem Petrenko 11:16 2023-03-29 UTC+2

BTC and ETH heading to new highs

Bitcoin remains firm near the lower limit of the sideways channel at $26,700, following the news about Binance's troubles in the United States. As a reminder, the US Commodity Futures

Jakub Novak 09:13 2023-03-29 UTC+2

Technical Analysis of ETH/USD for March 29, 2023

Crypto Industry News: Lawmakers in Europe are working hard on regulations that will apply to the cryptocurrency market. However, it is not known when and what will be the final

Sebastian Seliga 08:45 2023-03-29 UTC+2

Technical Analysis of BTC/USD for March 29, 2023

Crypto Industry News: MicroStrategy acquired another 6,455 BTC worth approximately $150 million. The founder and head of the company, Michael Saylor, announced the next step of the company

Sebastian Seliga 08:45 2023-03-29 UTC+2

BTC update for March 29,.2023 - Potential for the upside rotation

Technical analysis: BTC/USD has been trading upside as I expected but I see potential for the further rally towards upper extreme of the trading range. Due to the rejection

Petar Jacimovic 07:59 2023-03-29 UTC+2

Elliott wave analysis of Litecoin for March 29, 2023

Litecoin has most likely completed a small wave ii correction at 85.68 and is headed higher towards 105.67 and above here will be open for a rally towards 131.05

Torben Melsted 07:45 2023-03-29 UTC+2

XRPUSD potential for major reversal.

XRPUSD is trading around $0.50 having broken the recent higher. Price is in a short-term bullish trend making higher highs and higher lows. Price recently broke above the horizontal resistance

Alexandros Yfantis 19:06 2023-03-28 UTC+2

Ethereum: range pattern underway

ETH/USD is moving sideways in the short term as BTC/USD has been also trading flat lately. Technically, the altcoin signaled exhausted sellers in the short term and now is fighting

Ralph Shedler 16:38 2023-03-28 UTC+2

Bitcoin to exit its range soon

Bitcoin is moving sideways between 28,460 and 26,700 levels in the short term. It seems undecided, so we'll have to wait for a fresh trading opportunity. Technically, the price action

Ralph Shedler 15:11 2023-03-28 UTC+2

Bitcoin continues to decline amid mass profit taking: where are the potential correction targets?

Bitcoin continues its consolidation movement within the usual range of $26.7k–$28.9k. After a strong bullish week, trading volumes collapsed from $40 billion to $14 billion on Monday. As of March

Artem Petrenko 10:51 2023-03-28 UTC+2
现在无法通话?
提出您的问题,用 在线帮助.