BITSTAMP:LTCUSD   Litecoin / U.S. Dollar
350 2
LTCUSD moves in wave. Based on textbooks, rising lows, rising peaks. The rise is supported by the rising ATR axis and upward wave axis. As for another motion track to be drawn, it is the sidelined ATR signal. Therefore, if the exchange rate remains sideways, it could turn to USD 40.72. If long-distance entrants collide, then the exchange rate fluctuates at a rate of 43.89 usd. The first target price, which is a return correction site, is 54.80 usd. At this point, we expect a correction to 46.94 usd, followed by a further increase to the next target price. If our strategy is correct, the second target price may be close to 61 usd levels.
Thank you for the analysis.
@NIGHTBLOOD, your welcome.
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