The rate of Litecoin is narrowed in the Triangle figure. We are waiting for the LTCUSD price to go up.
Priority of the day: buying LTCUSD with a target of $168.
The Elliott Wave Oscillator shows a value below zero. Litecoin has not finished yet its corrective movement.
Projected scenarios:
1. The rate of Litecoin will go up to $ 168.
2. Flat will be throughout the day. The plan to purchase LTCUSD from the $ 143 - $ 140 zone remains in place.
Alternative scenario:
We don’t consider selling Litecoin today.
Priority of the day: buying LTCUSD with a target of $168.
The Elliott Wave Oscillator shows a value below zero. Litecoin has not finished yet its corrective movement.
Projected scenarios:
1. The rate of Litecoin will go up to $ 168.
2. Flat will be throughout the day. The plan to purchase LTCUSD from the $ 143 - $ 140 zone remains in place.
Alternative scenario:
We don’t consider selling Litecoin today.