$LTC NEXT MOVE .
Litecoin (LTC) is showing a Double Bottom Pattern on the daily chart, which is a powerful bullish reversal signal ๐. After forming strong support at the bottom levels, LTC has successfully broken out above the resistance zone ๐, confirming the pattern!
๐ก Key Insights:
๐ Pattern Target: LTC is aiming for a 12% move upward toward the green target zone.
๐ Volume Surge: The breakout is backed by strong buying volume, adding confidence to the rally.
โ EMA Support: Litecoin is holding above key moving averages, signaling continued bullish strength.
๐ฅ If LTC maintains this momentum, the next stop is the target zone! Keep an eye out for any retests of the breakout level for potential entry opportunities.
Letโs catch this pump together! ๐ฐ๐
In the liquidation chart, we can observe a significant amount of liquidation activity within the $122 price range ๐. This supports the current bullish theory ๐ and aligns with the overall market sentiment.
โก๏ธ With other factors also showing bullish indications, this zone becomes a critical level to watch ๐. If the trend continues, we may see strong upward momentum ๐.
Trade wisely and monitor key levels for potential setups! ๐ค
Trade Setup :
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