LTC 3D Pattern “Cup and Handle” finishes its formation
Updated
For a long time, 7 months we have not updated the idea for the pair LTCUSDT, because the previous idea was working perfectly and the "Cup with handle" pattern was formed.
Below you can see our thoughts about the prospects of the LTCUSD pair 7 months ago.
In April 2021 we wrote that it would be good to buy Lite in the area of $90-125 for the long term. And already on the May decline, the price low for LTC was $104. That is, if you have listened to our thoughts and set up a few buy orders in this area, most of the orders would have been executed, and the investments would have shown +100-130% by now.
However, we should not get upset, perhaps the fate will give us one more chance to buy Litecoin long. Maybe, the price of LTCUSDT will go down to $160-170 once again, where the buyers should finally confirm their strength and serious intentions to continue growth.
The global aims for growth of LTCUSD price have not changed for 7 months; we have described them in our previous idea, and we will mention them again — they are $765-785.
There are good growth perspectives in LTCBTC as well, at least +150%, because the price is just trying to push back from the absolute bottom.
_______________________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
Below you can see our thoughts about the prospects of the LTCUSD pair 7 months ago.
In April 2021 we wrote that it would be good to buy Lite in the area of $90-125 for the long term. And already on the May decline, the price low for LTC was $104. That is, if you have listened to our thoughts and set up a few buy orders in this area, most of the orders would have been executed, and the investments would have shown +100-130% by now.
However, we should not get upset, perhaps the fate will give us one more chance to buy Litecoin long. Maybe, the price of LTCUSDT will go down to $160-170 once again, where the buyers should finally confirm their strength and serious intentions to continue growth.
The global aims for growth of LTCUSD price have not changed for 7 months; we have described them in our previous idea, and we will mention them again — they are $765-785.
There are good growth perspectives in LTCBTC as well, at least +150%, because the price is just trying to push back from the absolute bottom.
_______________________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
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