Litecoin- Can this be where ltc is eventually movin to, at $370?
As seen on the chart, here is a double bottom pattern (the W pattern).
Here is a weekly chart. As seen on the chart, price reached $370 on 18th December 2017, came down to $25.619 on 3rd December 2018.
Price left $25.619 and went to $147 on 17th June 2019.
On 9th March 2020, price was back to $25.619 again, broke the resistance line on (28th December 2020) and turned it to support which signals a double bottom pattern.
Since then, price has been moving high, most likely to $370 again.
Therefore, I expect price to break $229 first, followed by $314, $348, and hit $370 to complete the double bottom pattern.
Watch out🔥🔥
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Here is a weekly chart. As seen on the chart, price reached $370 on 18th December 2017, came down to $25.619 on 3rd December 2018.
Price left $25.619 and went to $147 on 17th June 2019.
On 9th March 2020, price was back to $25.619 again, broke the resistance line on (28th December 2020) and turned it to support which signals a double bottom pattern.
Since then, price has been moving high, most likely to $370 again.
Therefore, I expect price to break $229 first, followed by $314, $348, and hit $370 to complete the double bottom pattern.
Watch out🔥🔥
What do you think?
Share your opinion in the comment section.😇
Please support this idea with LIKE👍 if you find it useful.🥳
Follow me to receive more contents like this.🤙
Happy Trading💰🥳🤗
Trading Involves High Risk⚠️
Not Financial Advice💸
Use Proper Risk Management💹
Thank you for your support!💓
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