Technical Analysis Update, Litecoin LTC Price High Today 02 July 2023

in #ltc10 months ago

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Hello Everybody Welcome to my blog. Today we are going to talk about the Litecoin Price Quick updates


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we said many times before Halloween we should see a big movement up therefore we were waiting for the big rally between the 16 and 24th of July but it looks like it's a postponed now we see a big movement up it started on 28th of the June so it was on Wednesday the day is Saturday so will we get our Target which is around 140 and we said it's starting in between 130 to 185 this is the target where we should see according to the history according to the Fibonacci retrace men where we saw the Litecoin in previous Cycles before the Halloween these are the smoke this is the small time frame

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I expect that we will break it because we need to see the break of the structure the yesterday local top which was at 111 and right now is 111 so we are coming that level yes we could see rejection as we saw manytimes from the yesterday but hopefully we will break it right now or in the coming hours or minutes so my expectations that we will come to 140 nothing has change I'm still talking to you about this target already for one month actually more than one month we did about lying coin before the Halloween before the June 16 we said be ready because something big could happen or the light going what else what else so we have to hold this level 102. we said this is psychological what 100 is was the most important level

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When we allocated to the left we saw in April that we had 102 or 103 wrong resistance and therefore we saw this nice movement yesterday during break and confirming we confirmed twice this is our support therefore I still think that we will see the big rally to the area around 120 so already we are 112 we are about a level where we were yesterday so the big moment really could start right now guys thank you

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