Litecoin Macro Analysis : BIG Moves

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. I hope your bags are packed because once LTC moves, it's hard to jump onto a moving train.

The bullish signs are:

✅ Consolidation under resistance zone / bullish
✅ Higher Lows - buyers are buying up dips

What's still missing:

✅ Bullish Technical Indicator (Weekly on CryptoCheck START v3.5)
✅ Weekly candle close ABOVE 70


Even thought the price may continue to trade just under the resistance for another while, the next big market cycle is clearly the bullish phase.

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LTCUSDT

Commentaire:

Even thought the ABC correction is long over; I'd still like to see LTC trading back in the channel before calling bull run: