๐ฅ Litecoin Perfect Accumulation For Long-Term Investing
As seen on the chart, LTC has found strong support at a support trend line which connects the 2018 and 2020 lows.
My expectation is that anywhere around or below this trend line will prove to be a great phase for accumulation in the long-term.
In case LTC will move back up towards the top resistance (think $400), it offers a very decent opportunity for long-term holders.
In blue you see a copy of the previous bull-market pump. This is obviously not a prediction of the real market movement, but serves as an illustration.
My expectation is that anywhere around or below this trend line will prove to be a great phase for accumulation in the long-term.
In case LTC will move back up towards the top resistance (think $400), it offers a very decent opportunity for long-term holders.
In blue you see a copy of the previous bull-market pump. This is obviously not a prediction of the real market movement, but serves as an illustration.
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