Technical analysis by martinxi5u4 about Symbol LTC: Buy recommendation (11/20/2024)

LTC just broke out of this wedge that has been forming over the last few years since 2022, and it is currently retesting the breakout.I am placing a long here with a stop loss at $77, but if you want to be safer, I recommend placing it closer to $61.I think LTC has a good chance to pump hard, similar to what we've seen with XRP, Stellar, ADA, and Solana (mid-tier coins between BTC and meme coins).