LEVEL TO WATCH - EMA50 $101
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.
Aviso legal
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