empty
 
 
13.01.2023 07:08 AM
Elliott wave analysis of Litecoin for January 13, 2023

This image is no longer relevant

Litecoin continues to follow the exact path that we have laid down over the last couple of months. Litecoin is now testing the 85.23 target and we expect a correction/consolidation towards support near 79.68 and maybe even a slightly deeper correction closer to the low of wave iv/ at 73.22 before the next rally higher towards 88.66 to complete wave v and larger I. However, in the longer term, we continue to look for even higher levels and a rally towards 121.68 and possibly the top from November 2021 near 295.

Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $5000 more!
    In November we raffle $5000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback