LTC will pivot in the next few hours. needs to hold $124.26.
50
See the chart with EW analysis. if we are currently in wave 2 then $124.26 support should not break. if it does not break then we will see an impulse wave 3
Note
if we get a wave 3 then that will have a target of $137-$139 range.
Note
Looks like it was wave 2. we just had a bullish candle. need further confirmation. if this continues then we can see it reach that $137-$139 target range and then a pull back.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.