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Old 07-21-2021, 06:46 PM
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Old 07-21-2021, 11:14 PM
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Old 07-22-2021, 06:38 AM
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Old 07-22-2021, 07:59 AM
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Old 07-22-2021, 10:10 AM
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Old 07-22-2021, 10:23 AM
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Old 07-22-2021, 12:23 PM
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Old 07-22-2021, 04:09 PM
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LTC and EOS – Higher high expected before the completion of this rise



LTC/USD

The price of Litecoin has been on the rise from Tuesday’s low of $104 and made an increase of 13.86% as it came up to $118.8 today. Since then we have seen some sideways movement but the price is in an upward trajectory overall.



Looking at the hourly chart, you can see that this increase is counted as the starting impulse from the new count which is why now a higher high would be expected. The sideways movement we’ve seen is in that case the 4th wave and is likely going to end as a flat correction, establishing support above the 0.786 Fib level.

If this is true, then the price is now set to continue moving to the upside for a higher high which would be the end of this first impulsive move after which a retracement would be expected of the same degree. But the price would then be expected to continue moving upward for at least one more wave if this is an ABC to the upside. If this is the 1st sub-wave of the higher degree impulsive move then we are to see even higher levels of the price of Litecoin in the upcoming period, potentially above the $150.

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Old 07-22-2021, 09:59 PM
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Old 07-23-2021, 02:18 AM
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