Litecoin Is Acting Strongly, Pointing Higher For A New Five-Wave Bullish Cycle
Feb 24, 2025

LTCUSD

Litecoin with ticker LTCUSD is making sharp and impulsive recovery in the 4-hour chart after a completed complex W-X-Y correction in wave (4), so bulls for wave (5) are back and we can expect more upside. However, due to a lower degree five-wave rally, it can be first wave 1, so we should be aware of an abc irregular flat correction in wave 2 that can retest 120 – 110 support area before a continuation higher within wave 3 of a five-wave bullish cycle for a higher degree wave (5).

Litecoin Is Acting Strongly, Pointing Higher For A New Five-Wave Bullish Cycle LTCUSD 4H Chart
LTCUSD 4H Chart

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