Technical analysis by wavetraders about Symbol LTC on 8/4/2025

Litecoin (LTC) appears to have completed a 1-2, 1-2 wave pattern, a classic bullish setup in Elliott Wave theory that often precedes an explosive move. This nested formation signals strong internal momentum, where both the higher and lower degree structures are aligned for upside. If the count holds, LTC is now positioned to launch into Wave 3 of the larger Wave 3 — typically the most powerful and extended rally in the entire wave cycle.