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#لايتكوين (#LTC ) 🇺🇸 Expected Cryptocurrency Outlook on the 30-Minute Chart
Temporary price rebound 📈
Financial market movements consist of impulsive and corrective waves, according to Elliott Wave Theory.
When studying the pair's movement, we find that it has completed five downward waves, forming an impulsive structure representing wave (1)/(A).
Based on this, we anticipate a price rebound 🔼 through wave (2)/(B), with the previous downward wave reaching 50-61.8%. 📈
👉 After that, we expect another downward wave. 📉
To confirm the bearish outlook, it is essential to observe the following:
✨ Break below the lower boundary of the corrective pattern
🔨 Reversal signals ✨️ from these levels
⚡ Break of a major level ✨
‼️ Please note that forming a new high could invalidate the bearish scenario. 🛑
#LTCUSDT
$LTC