Today it seems we are having a stronger correction after 
BTCUSDT broke to new ATH above $106K USD.
This can mean a lot of things
Current Situation:
Litecoin is in Wave 4 (a corrective phase).
Price is holding between $115 (0.382 retracement) and $109 (0.5 retracement).
EMA50 at $101:
The recently added "LEVEL TO WATCH" is significant.
If the price falls below $109 and tests $101 (EMA50), this would represent a deeper pullback and a crucial area for a potential bounce (support confirmation).
Next Move (Wave 5 projection):
If support holds at $115, $109, or EMA50 ($101), Wave 5 could follow.
The upward projection targets approximately $145-$150.
BTCUSDT broke to new ATH above $106K USD.This can mean a lot of things
Current Situation:
Litecoin is in Wave 4 (a corrective phase).
Price is holding between $115 (0.382 retracement) and $109 (0.5 retracement).
EMA50 at $101:
The recently added "LEVEL TO WATCH" is significant.
If the price falls below $109 and tests $101 (EMA50), this would represent a deeper pullback and a crucial area for a potential bounce (support confirmation).
Next Move (Wave 5 projection):
If support holds at $115, $109, or EMA50 ($101), Wave 5 could follow.
The upward projection targets approximately $145-$150.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。