LEVEL TO WATCH - EMA50 $101
Today it seems we are having a stronger correction after 
BTCUSDT broke to new ATH above 106K USD.
This can mean a lot of things
Current Situation:
Litecoin is in Wave 4 (a corrective phase).
Price is holding between $115 (0.382 retracement) and $109 (0.5 retracement).
EMA50 at $101:
The recently added "LEVEL TO WATCH" is significant.
If the price falls below $109 and tests $101 (EMA50), this would represent a deeper pullback and a crucial area for a potential bounce (support confirmation).
Next Move (Wave 5 projection):
If support holds at $115, $109, or EMA50 ($101), Wave 5 could follow.
The upward projection targets approximately $145-$150.
BTCUSDT broke to new ATH above 106K USD.This can mean a lot of things
Current Situation:
Litecoin is in Wave 4 (a corrective phase).
Price is holding between $115 (0.382 retracement) and $109 (0.5 retracement).
EMA50 at $101:
The recently added "LEVEL TO WATCH" is significant.
If the price falls below $109 and tests $101 (EMA50), this would represent a deeper pullback and a crucial area for a potential bounce (support confirmation).
Next Move (Wave 5 projection):
If support holds at $115, $109, or EMA50 ($101), Wave 5 could follow.
The upward projection targets approximately $145-$150.
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.