Litecoin will follow Bitcoin Cash! Between April and June (

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Litecoin will follow Bitcoin Cash! Between April and June (highlighted section in the figure below), Litecoin price completed an ABC corrective structure (red). This was probably the second wave in a five wave move up (black). If the wave count is valid, as indicated by the decisive break above the $95 resistance zone, Litecoin price has started its third wave. Despite the strong resistance area at $135, the most likely level to complete the entire up move is at $195, which is created by the retracement Fibonacci resistance levels of 0.618. Despite this bullish analysis for Litecoin, a candle close below $95 means that the Elliott wave count is incorrect and the trend will continue to be bearish. In this case, the price of Litecoin may fall to its long-term uptrend line at $80 #ltc #crypto2023

Litecoin will follow Bitcoin Cash!
Between April and June (highlighted section in the figure below), Litecoin price completed an ABC corrective structure (red). This was probably the second wave in a five wave move up (black).
If the wave count is valid, as indicated by the decisive break above the $95 resistance zone, Litecoin price has started its third wave.
Despite the strong resistance area at $135, the most likely level to complete the entire up move is at $195, which is created by the retracement Fibonacci resistance levels of 0.618.
Despite this bullish analysis for Litecoin, a candle close below $95 means that the Elliott wave count is incorrect and the trend will continue to be bearish. In this case, the price of Litecoin may fall to its long-term uptrend line at $80
#ltc  
#crypto2023  