AlanSantana

✴️ Litecoin Breaking Consolidation Pattern Upwards

Long
KUCOIN:LTCUSDT   Litecoin / Tether
We've drawn a consolidation pattern which formed starting the November low and this pattern is being broken to the upside, which indicates strong bullish potential.

Litecoin is already trading above EMA300, the indicator we just mentioned on Dogecoin and is showing increasing daily volume each day that passes.

Soon we will have huge volume coming in and this will signal this waves bull-run. Not a general bull-run but the bull-run of this current bullish wave that we are experiencing across all markets.

All markets bottomed Nov/Dec, some even January but these are the late ones. Many more pairs bottomed even before that such as the SPX that bottomed in October and many of the cryptos in May, June and July 2022.

$132 is Litecoin's next target.

Any trading above $79-$81 and this target remains active/valid.

Namaste.

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