KRAKEN:LTCUSD Litecoin / U.S. Dollar
LTCUSD correction expected. I expect a further increase in the medium term. Currently, litecoin completes the sequence of the second ascending wave of a double-wave structure. This level is symmetric to the wave axis. Therefore, I assume a corrective motion. The size of the corrective motion is shown in the red square. Its level can be 155 usd. After completing the corrective phase, I assume another rise with a target price of 222usd.