LitecoinLong
Litecoin Ready for $600 as per "W" Pattern ?
Litecoin Technical Analysis
#Litecoin is currently trading at $85.
As per the chart, I am expecting some upward movement before the #LTC halving, followed by a further downside move.
The maximum upward movement could be $130, while the downside move could reach $50.
A price of $50 would be a great buying opportunity for the long run or the next bull market.
The 3-week chart is showing a "W" pattern, and if this pattern repeats, we could seeLTC reach a high of $500-$600 in the next bull run.
Support Levels:- $50
Resistance Levels:- $100/$130/$214/$275
#Litecoin is currently trading at $85.
As per the chart, I am expecting some upward movement before the #LTC halving, followed by a further downside move.
The maximum upward movement could be $130, while the downside move could reach $50.
A price of $50 would be a great buying opportunity for the long run or the next bull market.
The 3-week chart is showing a "W" pattern, and if this pattern repeats, we could see
LTC reach a high of $500-$600 in the next bull run.Support Levels:- $50
Resistance Levels:- $100/$130/$214/$275
Twitter: twitter.com/CryptoPatel
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
Disclaimer
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.