Technical analysis by SunnyHillCapital about Symbol LTC: Buy recommendation (4/11/2025)
https://sahmeto.com/message/3405315

SunnyHillCapital
Rank: 14706
Analytical Power:
1.5
Litecoin Is An Absolute Bargain Right Now
:Buy
Price at Publish Time:
$76.16
Profit Target:
(+22.32%)$93.15
Stop Loss Price:
(-34.05%)$50.22

From a technical perspective, the recent reaction at the lower trendline of the parallel channel since 2016 has been respected many times, and once again, it has held.I anticipate that the price will explode in the next several months. We just need to be patient and wait for the Fed to pivot their monetary policy, and then cryptocurrencies will soar. Global liquidity has been rising, which is positive for cryptocurrencies. My prediction is that in May, we will finally start to see some significant bullish price movement, and this trend will continue for many months thereafter. Stay patient.Let me know what you think.Best regards.
Source Message: TradingView