Litecoin has been pretty neck and neck with Bitcoin since the run up begain late last year. A similar rising wedge pattern played out bullishly for Bitcoin increasing its price by around 32% at the time of writing. A similar move for Litecoin could push it to its Feb 2018 resistance of around $250. These are short term stops along the way to ATH and beyond.
A breakdown of support will push LTC to the rest resistance turned support of around $140. Either way, I'm holding long term. Q3-Q4 of 2021 with targets up over 4 figures.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.