The W pattern is a graph formation with the shape of the Latin letter W. It occurs after a sustainable long-term downtrend and has twin bottoms with equal or higher lows. W pattern is also called Double Bottom which is a reversal pattern.
LTC is making W on many timeframes. In the chart above, I have attached the chart in which LTC is making W pattern after the recent high of around 245$. Price targets for this W pattern are showing that LTC is about to make a new All Time High of around 324$.
Below is another chart that I posted on February 11, 2021, showing a W Pattern on a Weekly timeframe. LTC has a bright future as I predicted back in February!
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