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#لايتكوين (#LTC ) 🇺🇸 - The expected predictions for the digital coin on the hourly timeframe
🔻 Decrease before a new rise
After the couple completed a bullish impulsive wave, it was followed by a corrective wave that has already ended two bearish waves 📉, and only the third and final wave remains to complete this correction.
⏬ Upcoming support area
The current downward wave coincides with the pair approaching a key demand area, in addition to reaching the 50-61.8% retracement level of the previous upward wave, which increases the likelihood of a trend reversal 🚀.
📊 The expected scenario
Once the price reaches this critical zone, it is expected to start rising again through the sub-waves of wave (3)/(C), confirming the upward trajectory.
🔑 Bullish Confirmation
To ensure this scenario occurs, we need to monitor the breach of a specific key level.
#litacoin #LTCUSDT #FOMCWatch
$LTC