Hello Traders in this article we will go through LTCUSD. Litecoin has been trading higher within a cycle from 03.11.2023. After it completed wave ((iii)) higher from that cycle within it’s wave ((iv)) pullback it found buyers...
One of the well known facts of the market are correlations between instruments. However that rule does not apply every time in every instrument. Here at Elliott Wave Forecast we call a first degree correlation when 2...
LTCUSD has seen tremendous selling over the last few weeks. It recently hit 100% Fibonacci extension down from February 10, 2022 peak down to February 24, 2022 low projected lower from March 30, 2022 peak. In this...
LTCUSD formed a high at $134.08 on March 30, 2022 and since then it has dropped $23.44 registering a low of $110.64 on April 6, 2022. This translates into a 17.48% decline within a week. Today, we...
Cryptocurrencies: Bitcoin & Ethereum Short Term Analysis The leading cryptocurrencies BTCUSD & ETHUSD rallied up from 09/15 low in a 3 waves Zigzag structure which ended wave (1) as part of an expected 5 waves diagonal to the upside. Both instruments is now doing a...