Like many other alts, LTC has been forming a triangle pattern over the last week or so. At this very moment, LTC is at the end of the pattern, potentially gearing up for a strong break out move.
This move can go two ways. If BTC reverses downwards, we can see a bearish move from LTC with the first target around $118, potentially lower if BTC goes below 30k again.
If BTC manages to break above the strong resistance around $35k, we might see LTC reaching up towards $137, potentially more if BTC manages to push towards $40k and beyond.
Keep a close eye on BTC when trading alts. Especially larger ones like LTC are highly correlated to BTC.
Happy trading!
This move can go two ways. If BTC reverses downwards, we can see a bearish move from LTC with the first target around $118, potentially lower if BTC goes below 30k again.
If BTC manages to break above the strong resistance around $35k, we might see LTC reaching up towards $137, potentially more if BTC manages to push towards $40k and beyond.
Keep a close eye on BTC when trading alts. Especially larger ones like LTC are highly correlated to BTC.
Happy trading!
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🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
相关出版物
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这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。