Litecoin - $200 on the horizon: FRACTAL

Hi Traders, Investors and Speculators of Charts📈📉

From the charts; a macro view on LTCUSDT with Fibonacci Retracement, Cycle analysis and Time Frame analysis :

By taking a detailed look, you can clearly see that the next phase bound to happen is the bullish phase, and Litecoin is no stranger to parabolic upside movements. The fractal we're looking at in turquoise happened around the same resistance zone that we're currently facing. Three bullish signs are:

✅ Consolidation under resistance zone / bullish
✅ Higher Lows - buyers are buying up dips
✅ Bullish Technical Indicator CryptoCheck START v3.5


Even thought the price may continue to trade range bound for a period of time, the next big market cycle is clearly the bullish phase.


Incase you missed it ! Here's yesterdays analysis on SOLUSDT :

_______________________

📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍


We thank you for your support !
CryptoCheck


LTC LTCUSD.P LTCUSDT.P LTCUSDT LTCUSDLONGS LTCUSD LTCUSD LTCUSDT LTCUSDT LTCUSDT

Comment:

LTC Flashing a BUY in the weekly on CryptoCheck START v3.5 :

Trade closed: target reached:

Time to take profits, patience rewards! Congratulations to the HODLERS