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.

Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • 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 $1000 more!
    In April we raffle $1000 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

Can't speak right now?
Ask your question in the chat.
Widget callback