This technical analysis was conducted to help you understand how Litecoin is headed for extreme highs. After an indecisive period of consolidation that followed a 2018/2019 bear market, LTC soared for months right up to a few dollars shy of it's previous all-time-high (ATH) back in 2017. We can see LTC pumped 800%, meanwhile BTC 362%. The only reason why the ATH...
As BTC struggles to flip the trend into a bullish reversal, so does LTC. We've created a very obvious Falling Wedge, however it is currently finding resistance at the Resistance Trend Line instead of completing the pattern and breaking bullish. However, should the resistance break, it seems like a good long / entry position to ride the bounce up towards the...