Short-term Elliott wave view in Litecoin suggests the rally from October 27, 2021 low is in progress as a 5 waves impulse Elliott Wave structure. Up from October 27 low, wave (i) ended at 187.82 and pullback in wave (ii) ended at 178. The crypto currency has extended higher in wave (iii) towards 198.62. Dips in wave (iv) ended at 188 and final leg higher wave (v) ended at 209.69. This completed wave ((i)) in higher degree.
Pullback in wave ((ii)) ended at 191.39 with…
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