📉 Analysis $LTC : Golden opportunity at the trend line?
Hello to our community. We take a look at "digital silver" Litecoin on the weekly timeframe.
As shown in the chart, the currency has been steadily moving above an ascending trend line (the yellow line) since 2022 until now. We are now standing right at this line, making the current area a crucial decision-making zone.
📌 Trading map:
🛒 Entry areas: between $70.00 and $77.50 (expected rebound areas).
🎯 Targets:
First target: $95.30
Second target: $117.40
Explosion target: $136.20
⛔ Stop loss: Caution is required if a weekly candle closes below $67.00, which indicates a trend break.
Litecoin is a currency for patient investors, and it is now in clear accumulation areas. Do you think it will explode soon and catch up with the market? Share your opinion! 👇
DYOR - Not Financial Advice
