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28.11.202308:21 Forex Analysis & Reviews: Elliott wave analysis of Litecoin for November 28, 2023

We have seen the expected minor corrective dip to support at 67.65 and should soon see Litecoin recover again for a re-test of resistance at 71.55. A break above here will call for more upside progress towards 96.71 and 114.92 as the next upside targets.

In the short term, a break above minor resistance at 69.38 will confirm that the corrective decline from 71.55 has been complete and a re-test here is in the making.

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

Torben Melsted,
Analytical expert of InstaSpot
© 2007-2024
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