Technical analysis by ew-forecast about Symbol LTC: Buy recommendation (5/30/2025)
https://sahmeto.com/message/3563797

ew-forecast
Rank: 1639
Analytical Power:
2.5

Litecoin with ticker LTCUSD made nice and clean five-wave recovery back to 100 area in the 4-hour chart, which confirms support in place and bullish reversal, so it can be a higher degree wave (1), thus more upside is expected for a higher degree wave (3) after current complex W-X-Y correction in wave (2) that can be in final stages. First support is here around 90-85 area, while second deeper one would be at 80 area.
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Signal Type: Buy
Time Frame:
4 hoursProfit Target:
$107.44Stop Loss Price
$81.61Price at Publish Time:
$89.53