Litecoin why it was chosen, structure, targets, and pullback plan
1 extracted signal · 0 resolved · 1 still active
Grega Horvat Elliott Wave AnalysisIndependent analyst profile- Source published
- 14 Sept 2026, 07:59 UTC
- Recorded by Tahlil Plus
- 14 Sept 2026, 10:09 UTC
AI-generated source summary
The analysis focuses on Litecoin (LTCUSDT), with a bullish outlook. The current price is approximately $57.49. The predicted target price is around $60.60, with an invalidation level set at $46.47. The timeframe for this analysis appears to be around the 1-hour chart, though longer-term cycles are also discussed. The observed pattern suggests a potential continuation of the bullish trend, possibly forming wave 5 of an impulse wave, with a target in the $60s. However, a retracement is anticipated, with opportunities for entry between $46 and $50. The analysis also touches upon longer-term cyclical patterns, suggesting that Litecoin might be at a potential bottom of a larger bearish cycle, indicating a possible start of a new bullish phase. The immediate focus remains on the short-to-medium term bullish move towards the $60 resistance level. The strategy involves being aggressive on stops and trailing them higher, anticipating a bullish outcome from the current price levels.
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Grega Horvat Elliott Wave Analysis
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