Litecoin / TetherUS
Long

Litecoin Looks Ready – Breakout or Fakeout!

288
Hello Traders 🐺

As you can see on the weekly chart, price is trying to break above the resistance line, which is in alignment with the red weekly resistance box and the 0.618 Fibonacci level.
Long story short:

If price manages to push above the 0.618 level — which is a very important resistance — we could expect a higher price target around the all-time high level at the 0.786 Fib zone.

And as always my friend, remember:

Discipline is rarely enjoyable, but almost always profitable.

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