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

ew-forecast
Rank: 13896
Litecoin Is Forming A Bullish Pattern
Buy
Price at Publish Time:
$89.53
Profit Target:
(+20.00%)$107.44
Stop Loss Price:
(-8.85%)$81.61

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.
Source Message: TradingView