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FieryTrading
Nov 23, 2022 3:46 PM

🔥 LTC/BTC Has Broken Out Of A 4 Year Bear Trend! Long

Litecoin / BitcoinBinance

Description

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LTC has been an underperforming token when compared to BTC for a very long time. The performance was even worse when compared to ETH or other altcoins.

But that may change!

LTC/BTC has broken out of a bearish channel in which it has been trading for 4 years, which can potentially be the start of something great.

Going to keep my targets (blue) close, since the market is not doing great at the moment. Nevertheless, exciting to see this old token see a big influx of buyers over the last couple of weeks.
Comments
Williamforex
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Very nice setup
DeGRAM
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Well done mate, keep on doing the great work.
Lingrid
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Very good analysis
Solldy
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That's a very interesting point of view. I think this scenario is possible for collecting liquidity, it would be very useful. And in the longer term, I'm looking at a price move in the other direction. Thanks for the hard work, mate)
RLinda
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Strong analysis) Chances for luck are high)
SwallowPremium
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Excellent overview, thanks for sharing!!
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