Litecoin (LTC) Breakout in Play — Wave 3 in Motion 🚀📈*
This chart shows *Litecoin (LTC/USD)* forming a strong *Elliott Wave structure*, currently in *Wave 3* of a larger impulsive move. Momentum is building, and bulls are clearly in control 🔥📊
📍 *Key Observations:*
🔹 Wave (2) bottomed near *63.46*, with bullish reversal confirmed above the *0.786 level (72.74)*
🔹 Price broke above the *base channel*, confirming trend shift ✅
🔹 Currently in *sub-wave iii of Wave 3*, targeting higher highs
🔹 Strong support at *94–96* (bullish level)
🔹 Short-term resistance zone: *106–109*
📈 *Wave Predictions:*
• *Wave iii* could push above *112*
• *Wave v* may extend toward *120–125*
• Larger wave (3) target: *140.25* 🎯
📊 *Trending Signals:*
✅ Clean impulsive wave structure
✅ Breakout above key levels
✅ Volume and price action confirming strength
✅ Holding above bullish trendline
🛠️ *Setup:*
• *Entry Zone:* 100–106 on dip or confirmation
• *Stop Loss:* Below 94
• *Targets:*
– Short-term:112
– Mid-term: 125
– Final:140+
📌 *Invalidation Level:* $63.54 — if broken, bullish structure fails ❌
LTC looks strong as long as it holds above the bullish zone. Watch for pullbacks as entry opportunities 👀💰
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