LTC has also moved above all the weekly and MA indicators shown on the chart.
On the we can see where the red down arrow is that LTC will need to break above this yellow to confirm the move upwards to the 0.618 fib retracement indicator shown at $99.61 on the actual chart.
If LTC breaks the 0.618 fib level it should move up to the 1.272 fib level similar to BTC and ETH. This should put LTC at a price of around $178 if it breaks these levels mentioned. Just bear in mind this same of the 0.618 fib level at around $100 is quite strong shown by the light blue horizontal line.
On the LMACD we can see LTC has been building up nicely shown by the lime green line and is now trading above the 0 level on the LMACD.
On the below weekly chart you can see LTC will also need to break above the Gaussian Channel and the on it's way to the levels mentioned above.
If LTC can close the weekly chart above these it just broke above, the above scenario should come into play. If LTC gets rejected at these , we could see LTC drop back down to the pink horizontal line of major support at $41.65
Overall the charts look highly .
Happy trading legends!
Donations via TradingView coins will enable me to post more of my analysis with more information. Thanks in advance if you are a legend who donates.
Follow me on Youtube and Twitter for more updates more frequently.
Pfft....go troll on analyst without the best perfection record on this site.