LTC in my opinion is always the more stable coin out there even after cases of high volatility.In this scenario it is ready to "touch" the base of the forming triangle, where in my opinion it's a big BUY zone, around 64-65$ to then got up to 99/100$ area.
It will depend then if the volume is high and BTC is behaving as well, but I can see a break out upward and a consolidation around 150$ and then even 400$/500$ in the next bull run (spring/summer in my opinion)
Note
It's now in the buy zone, confirming the support. Let's see what the BTC does in the next hours, Hopefully we can see a bounce and LTC staying in the triangle, to then breakout upward. Stop loss at $62, Stay safeNote
Still valid
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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.