TradingView
FieryTrading
May 19, 2023 8:17 AM

🔥 Litecoin Halving Soon: Pump & Dump? Long

Litecoin / TetherUSBinance

Description

â‹…
The Litecoin halving is around the corner. In a couple of months we will see the rewards per block halved, substantially decreasing the supply of Litecoin. If you're familiar with BTC halvings, LTC works the same.

Historically, LTC has seen an increase in demand to front-run the halving event. The last time this happened, it was a buy the rumor - sell the news event.

I'm anticipating the same thing this time as well. My expectation is that LTC will see some kind of pump over the next couple of weeks towards the blue target area. This will most likely also be the 2023 top.

Do you think LTC will still pump? Share your thoughts🙏
Comments
whitebird77
â‹…
could ready $360 by August 2025
FirstNameHelen
â‹…
Wonderful litecoin analysis! I like this setup
WalterMoon
â‹…
Very nice work, I also have the same opinion
Tolberti
â‹…
I like your analysis!
More