# litacoin

#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

#لايتكوين (#LTC ) 🇺🇸
Future outlook for the cryptocurrency on the 1-hour timeframe
Reversal Pattern ⚡️
👉 A descending diagonal pattern is forming, representing wave C of a horizontal pattern, within an upward corrective wave. 👌
✨ When this pattern is completed by breaking through a major level and breaking 🏹 the upper boundary, it will confirm the bullish outlook, indicating that we are entering a bullish wave 🔥 that could push the price to form a new high, possibly reaching 100% 💸 of the length of the previous wave.
✨ The upward movement may extend further depending on market develop