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FX.co ★ Elliott wave analysis of Litecoin for October 3, 2023

Elliott wave analysis of Litecoin for October 3, 2023

Elliott wave analysis of Litecoin for October 3, 2023

We continue to look for a firm test of resistance at 70.44. A clear break above here will confirm that wave 2 has been completed with the test of 57.69 and wave 3 is in motion for a rally towards the 130.05 target.

Short-term we see support near 64.85 which ideally will act as a floor for a serious test of resistance at 70.44.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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