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$LTC still on track to fulfill $130+ pre-halving narrative
Litecoin / TetherUS
Long
$LTC still on track to fulfill $130+ pre-halving narrative
By sky_btc
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Jun 5, 2023
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Jun 5, 2023
Yes we dumped. Why? Because of the SEC and binance.
Do not be scared. $130+ is still in the cards.
Look at the previous time we had a big red candle, we hit the ascending support line and bounced right up and eventually hit a monthly high of $97.5.
The same thing is happening now,
in spite of
FUD.
LTC
is impressively strong and resilient: touch the ascending support line leads to a rally upwards. Next top will be around $100.
As per Fibonacci retracement and liquidity analyses, it is much much harder to reach $100 than it is to hit $130 and beyond.
Mark my words. By July we will have hit $130, my most conservative target. Best case would be $180+
Chart Patterns
Trend Analysis
sky_btc
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