Litecoin - Daily
Bottom Line: Higher in the subdivisions of wave (iii).
Key Levels: Below 42.38, 42.01, 43.67 Above 68.92, 84.13
Outlook: Against 42.38, the focus is on higher in a developing advance, wave (iii) of ((iii)).
Analysis: We're watching for evidence LTC ended its second wave correction at 57.17. A break above 61.98 would bolster that outlook and setup a challenge of the next key level at 64.74.
Bottom Line: Higher in the subdivisions of wave (iii).
Key Levels: Below 42.38, 42.01, 43.67 Above 68.92, 84.13
Outlook: Against 42.38, the focus is on higher in a developing advance, wave (iii) of ((iii)).
Analysis: We're watching for evidence LTC ended its second wave correction at 57.17. A break above 61.98 would bolster that outlook and setup a challenge of the next key level at 64.74.
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Bottom Line: Looking towards a break above 84.13.
Analysis:
Litecoin has recaptured the 60 level, with its pullback this past week having ended at 51,61. Against this level sights are set on higher towards a challenge of the key February 2020 peak at 84.13.