WeAreSat0shi

Litecoin and it's historical patterns

Long
WeAreSat0shi Updated   
KRAKEN:LTCUSD   Litecoin
Litecoin on the two weeks has already secretly started building momentum as shown by the STOCHASTIC RSI on the very bottom. This move should carry it up into the yellow box to consolidate until it does it's final break out to new highs. Once the fifty dollar price point leaves it will most likely be gone fore ever. It's new should be around one hundred dollars.

Litecoin facts.
1 The mimble wimble addition has added privacy to Litecoin

2 Litecoin is the longest running chain without interruptions and has actually never been down

3 Litecoin will undergo its third halving on the 14th of July 2023 and will go to 6.25 block rewards which as rare as Bitcoin until bitcoins next halving in 2024


This is not financial advice.
Comment:
Adding a second layer of analysis to LTC with specific indicators, Enjoy!

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