Litecoin (LTC) is finally breaking out🚨 after being stuck in accumulation since November 2021,🚀🚀 and this move is starting to look serious. If you’ve been watching LTC for the past few months, you’ll know it’s been hugging a Symmetrical Triangle, and guess what? The breakout is here.
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#Ltc🔥🔥 broke out of the Symmetrical Triangle🚀🚀 accumulation and flipped above the Mid-Zone as well👀
🚀Litecoin has successfully flipped above the mid-zone of the triangle, which is a super important sign of strength. You see this kind of move? It’s what bulls dream of. A solid break and fixation above this level will open the doors for LTC to hit some big targets based on the Fibonacci levels.
Here are the key zones to watch:👇
🎯 0.382–0.618 Fib: $193.50 – First stop, where profit-takers might show up.🎯 0.618–0.786 Fib: $258 – If momentum continues, this zone becomes the next target.🎯 1–0.786 Fib: $319.60 – The ultimate target in this setup. 🚀
This is a mid-term setup. Overall I am more bullish on LTC, just check previous charts. it could easily smash through those Fib targets and surprise everyone.
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