Lite coin technical analysis for long position

24 oct. 2021

The price chart is moving in a hypothetical medium-term channel, which is currently in the mid-wave 3 of the mid-wave 5, and in the daily timeframe, the downtrend line is broken, which is a good position to enter the range of $ 190 to $ 195 with targets. It is $ 220, $ 350, and $ 450, and a full candlestick is below the downtrend line, ie $ 170.