LTC/USDT LTF Weekly chart
Well it’s a very beautyfull chart, I think ready to burst up as soon as BTC leads the way.
It’s been compressing since march crash and finally showing weekly downtrend line being broken with confirmation.
This is very bullish with a great profit potential as it’s still pretty low regarding it’s own history. Plenty of level to test up there.
LTC / BTC is showing very similar setup with plenty of headroom to grow up.
Don’t miss that one, Stop loss shouldn’t cost you much in case of scenario invalidation.
LTC is very correlated to BTC, and BTC is correlated with gold in opposition with the dollar.
If dollars falls, Gold and BTC seems to be rising.