Conformation that LTC is gonna kick ass
Hello everyone!
First and foremost let's acknowledge the uptrend in crypto we are currently in. Even the most stubborn bears can not ignore the shift in the trend we have been witnessing from the 6th of October until today. We have been patiently waiting since 2018 for this exact occurrence so I would keep my eyes on the charts if I were you. Here I present to you the chart of LiteCoin. One of my total favorites for a number of reasons - it is an old coin that has been in the top ranks for years, it moves in very predictable patterns, and is pretty darn stable (if such a thing even exists in crypto I am sure LTC will get an award for that).
We see the forming of a clear bottom trend line that the price has formed during the bear market. In that period we saw two obvious retesting of the trend line that formed a nice double bottom with the second bottom being above the initial one. Just that by itself was a major bull signal, but now we clearly see another very bullish pattern - that enormous Adam & Eve pattern that facilitates the double bottom. And now it's time for lift-off 🚀🚀🚀
So here is the deal - LTC has not yet reached its ATH and is very undervalued at the moment which means high potential and low risk. Those factors laid on top of the many bull signal on the technical specter are making it a great investment.
First and foremost let's acknowledge the uptrend in crypto we are currently in. Even the most stubborn bears can not ignore the shift in the trend we have been witnessing from the 6th of October until today. We have been patiently waiting since 2018 for this exact occurrence so I would keep my eyes on the charts if I were you. Here I present to you the chart of LiteCoin. One of my total favorites for a number of reasons - it is an old coin that has been in the top ranks for years, it moves in very predictable patterns, and is pretty darn stable (if such a thing even exists in crypto I am sure LTC will get an award for that).
We see the forming of a clear bottom trend line that the price has formed during the bear market. In that period we saw two obvious retesting of the trend line that formed a nice double bottom with the second bottom being above the initial one. Just that by itself was a major bull signal, but now we clearly see another very bullish pattern - that enormous Adam & Eve pattern that facilitates the double bottom. And now it's time for lift-off 🚀🚀🚀
So here is the deal - LTC has not yet reached its ATH and is very undervalued at the moment which means high potential and low risk. Those factors laid on top of the many bull signal on the technical specter are making it a great investment.
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