First Bitcoin, then Ethereum and then Litecoin. It has always been like this. I never understood the hate towards Litecoin. Stable coin, cheap fast transactions, 100% uptime, growing community, mass adoption through El Salvador.
Technically wise it broke through and retested 3D 100MA, which has always been a bullish sign and never failed in the last years.
Long from 185$, first target 300$.
Stay safe.
Technically wise it broke through and retested 3D 100MA, which has always been a bullish sign and never failed in the last years.
Long from 185$, first target 300$.
Stay safe.
Note
Looking at the quarterly chart it seems Litecoin has been trading in a range between ~120 and 220 for a year now. The question is, if this is a bullish consolidation or just another evidence for its weakness. Impossible to tell where Bitcoin is going to top out, everyone is aiming for 100k, it could be way higher, maybe even 200k. I personally look at 120-130k with retail fomo buying the local top around 100k, then Bitcoin pumps another 10-20% and will finally roll over into a bear market that might last all throughout the year 2022.
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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.