Lobotto

Litecoin forms a W pattern! Price discovery soon?

Long
COINBASE:LTCUSD   Litecoin
Well it looks quite good for the little bro of Bitcoin. We might go into discovery mode very soon.

Fundamental:

- MWEB is coming. (Quarkslab declared MWEB a safe and effective way to improve financial privacy)
- Taproot is coming
- Litecoin transactions near an all-time high after gaining ground in consumer finance
- LTC Visa Card
- More Adoption


Technical
- Nearly ATL against ETH and BTC
- Potential W-pattern on weekly chart


This is not a recommendation to sell or buy Litecoin or any other crypto asset. Always do your own research. Never invest more than you can afford to lose.


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