Looking on the monthly time frame, we can see that there is a massive cup and handle forming. This is a bullish pattern! The green line on the right is the estimated target based on the height of the cup and handle pattern.
We can predict that we are in a upwards channel as well, which also gives more reason for the price to go all the way up there. If the price goes to the top of the channel, then we may see $10,000 LTC. If price hits the top of the green line, then we will see about $7,000 LTC.
It is best to enter now while we are at the bottom of the channel. I believe this is the low and we will be going up for the rest of 2022 and 2023.
This is a massive opportunity, I will be accumulating as much LTC as I can for this trade!
We can predict that we are in a upwards channel as well, which also gives more reason for the price to go all the way up there. If the price goes to the top of the channel, then we may see $10,000 LTC. If price hits the top of the green line, then we will see about $7,000 LTC.
It is best to enter now while we are at the bottom of the channel. I believe this is the low and we will be going up for the rest of 2022 and 2023.
This is a massive opportunity, I will be accumulating as much LTC as I can for this trade!