Litecoin (LTC) has spent the last three years forming a textbook accumulation pattern, specifically a classic horizontal box range, with key support around the $100 zone acting as a historical floor. This level has held through multiple bearish cycles, showing strong buyer defence and accumulation interest from long-term holders and institutions.
After a prolonged consolidation, bullish momentum is emerging, as evidenced by:
Breakouts above mid-range resistances with volume
Successful retests of the $100 level confirming it as solid support
Emergence of higher lows and bullish structure on the weekly chart
After a prolonged consolidation, bullish momentum is emerging, as evidenced by:
Breakouts above mid-range resistances with volume
Successful retests of the $100 level confirming it as solid support
Emergence of higher lows and bullish structure on the weekly chart
🧠 7+ yrs in crypto | ⚡ Scalp & swing trader | 📊 Price action lover | 🎯 Hunting setups daily
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🧠 7+ yrs in crypto | ⚡ Scalp & swing trader | 📊 Price action lover | 🎯 Hunting setups daily
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.