$LTC is still one of the more interesting charts out there right now.
On the bigger picture, it’s been compressing inside a massive structure for nearly a decade.
Zooming in, price is forming what looks like a continuation bull flag, sitting right above the lower macro support rail.
These are the kinds of setups that stay quiet and boring for a long time…
until they suddenly expand.
If Litecoin can break out and reclaim the overhead resistance, the move could be much larger than most expect.
Could we see a dip back to the lower macro rail first? Sure.
But given the structure, any recovery from there would likely be sharp.
Definitely one to keep on the radar
LTCUSDT
Perp.
55.96
+1.28%