• Technical analysis regarding the price of LITECOIN in relation of dollar Tether for the next scenarios, based on daily movement.
• The price movement is in a strong upward trend, making its due corrections (according to the principles of Ralph Nelson Elliot), in impulsive and corrective wave forms. Thus, I believe that the price may continue with its sharp price rise, respecting this trend line projected with the Fork (the price is returning to the bullish channel)
• When projecting this expansion, I get the levels where the price can reach (green take lines)
disclaimer
*** This is not a recommendation to purchase and/or sale. It is for educational purposes only. ***
• The price movement is in a strong upward trend, making its due corrections (according to the principles of Ralph Nelson Elliot), in impulsive and corrective wave forms. Thus, I believe that the price may continue with its sharp price rise, respecting this trend line projected with the Fork (the price is returning to the bullish channel)
• When projecting this expansion, I get the levels where the price can reach (green take lines)
disclaimer
*** This is not a recommendation to purchase and/or sale. It is for educational purposes only. ***
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