LTC Ready to Surge ! A Potential 200% Opportunity Awaits
2025-02-14
Category: None

Hello Traders 🐺,

In this idea, I want to take a closer look at  LTC . As you might know, the first step in our analysis is always to check the  higher time frames  like the  weekly  or even  monthly  charts. Once we get a clear picture of the bigger trend, we can zoom in on the daily or 4H time frames to identify the best entry points—whether for a solid  spot trade  or even a  leverage position ! 👇🔥

 As you can see in the weekly chart , LTC is clearly in an  uptrend  and currently forming a  bull flag . If the price  breaks above  this pattern, we could expect a move at least toward the  0.618 Fib level. 

Also, during the  last market dip , LTC  held strong above a major monthly support , represented by the  blue trend line , which reinforces its importance as a  key support level. 

With all these  bullish signals  lining up, it’s time to  zoom into the daily chart  and look for a  solid long entry ! 🚀

  

 In my opinion , if the price  breaks above  the  yellow resistance  line and  closes at least one 4H candle above it  with  strong volume support , this could be a great confirmation to  open a long position . The next key target? The  0.618 Fib level , which serves as the next major resistance! 🚀

 " 🐺Stay sharp, trade smart! – KIU_COIN 🐺 " 
