✴️ Litecoin C&H | Slowly But Surely Moving Towards New High

Easy to spot the classic Cup & Handle pattern on this chart.

Litecoin is back it, silently, moving forward and ready to challenge its mid-February peak price.

One can remain "objective" and say, "It can break or not break this level, we have to wait and see"... But really? What are these charts for?

The truth is that we know exactly what will happen based on the structure of the chart.

Litecoin will move to 105 and beyond but why?

The fact that the correction lasted only 3 weeks and ended in a higher low is proof enough.
This is supported by the trading volume and also the strong RSI.

Additional supporting signals of the above statement can be found all across the Cryptocurrency market, the Altcoins market and even as far as some of the conventional charts.

The next resistance can be found around 130 but Litecoin can move to 150 and beyond.

Namaste.