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07.11.202308:32 Forex Analysis & Reviews: Elliott wave analysis of Litecoin for November 7, 2023

This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

Exchange Rates 07.11.2023 analysis

Litecoin will ideally stay above support at 70.44 for the next push higher towards 87.10 and 104.04 as the next sub-targets on the way higher towards 131.05. So stay focused towards the upside and don't let temporary setbacks cloud the main direction, which is towards the upside and a rally towards 87.10 as the next upside target.

Torben Melsted
Analytical expert of InstaForex
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