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AlanSantana
Nov 29, 2022 1:59 PM

Litecoin Long-Term Analysis (277% Potential Mid-Term) Long

Litecoin / TetherKuCoin

Description

Do you remember the Dogecoin weekly analysis I shared recently?
It is a long-term analysis and I mention it because we have something similar here.

Notice the falling wedge/downtrend on the LTCUSDT chart.

This downtrend bottomed in June 2022 and then Litecoin enters a consolidation phase.

Exactly what we saw with Dogecoin...
After the consolidation phase comes the bullish breakout.

The bullish action seem now on the LTCUSDT chart is only the beginning, there is so much more to come.

We prepare now, forget the past.
Forget any mistakes, learn from them.
Money lost is money gone.

The market will provide many opportunities.
We can take advantage of those.

When the market is in a bearish cycle our capital dwindles.
When the market enters its bullish phase our capital grows.

In the near future, the question won't be about bearish or bullish, it will be about maximum profits, making the best decisions and planning is the best tool we have for optimum results.

Plan ahead my friend.
Start thinking of your strategy yesterday, even before today.

It has been a strong and long bear-market, we will have a massive bullish market next.

When you see lots of panic, disbelief, depresion and bad news all across... You know the bottom is already in, if not in very close

When you see pictures of rocks selling for millions of dollars, you know we've reached the top.

I'll be here sharing the charts for you.
I hope you can bless me with your continued support.

Namaste.
Comments
SwallowPremium
Very professional work! A clear chart with a good description of the scenario. Thank you for sharing!!
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