Technical analysis by TipsOfPips about Symbol LTC: Buy recommendation (4/6/2025)
https://sahmeto.com/message/3391986
TipsOfPips
Rank: 3045
Analytical Power:
1.9
Litecoin 52R
:Buy
Price at Publish Time:
$78.59
Profit Target:
(+115.28%)$169.19
Stop Loss Price:
(-6.97%)$73.11

Litecoin is potentially just about to enter into a major support zone.There is a larger degree white pattern forming an ABC correction wave and a smaller degree purple wedge pattern currently heading into the support zone.This convergence makes this potentially a great opportunity if it moves into the zone as shown.Trade rating 8.5/10Probability 7/10Risk to reward 10/10
Source Message: TradingView