LTF $ltc. Should retest the upper diagonal resistance. A breakthrough should towards $62-$64 area. Watch the lower support at $57. Another push down that low could liquidated over exposed longs and smash the price down.
$ltc $btc has broken out of a three year falling wedge and retesting topside resistance as support. Should it hold a nice upmove on the $btc pair could be coming.
$ltc feels like $btc back in 2018 when everyone said $6200 was the floor and then we lost another 50% from that area.
Everyone believes we have to pump from here and longs are probably going to eat crow again.
What’s scary is on high time frame $ltc I dont see any capitulation candles yet. $ltc was my first crypto purchase ever. I root for it regardless of my posts. It has amazing fundamentals. It will one day reclaim top five marketcap imo. Just not now.
And there we are. Gave warning on below quoted tweet. This area needs to hold or you see what’s next for $ltc. Keep listening to your favorite pumpers though.