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Technical analysis by Timonrosso about Symbol LTC: Buy recommendation (7/3/2025)

https://sahmeto.com/message/3613747
Timonrosso
Timonrosso
Rank: 140
3.4
Buy،Technical،Timonrosso

Are we priming for another Crypto Summer. Across the board is showing strong upside to come for all - ETH, BTC and even Litecoin. ⚡ Faster, Cheaper BTC Alternative Litecoin still delivers cheap, fast transactions — it’s the “digital silver” to Bitcoin’s gold. 🪙 Institutional Interest Sneaking In More funds and platforms are quietly adding LTC to their offerings — don’t sleep on it. 🔄 High Correlation with Bitcoin If BTC breaks out, LTC often follows fast — and sometimes harder. 💎 Still Undervalued vs. Major Alts LTC hasn’t popped yet like ETH or SOL — which makes it a solid catch-up play. The price has broken the Wedge formation. We need it to close above the neckline of the W Formation and for the price to go above 20MA & 200MA. Once it goes above 949, we can see the next target to 1,114. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.

Translated from: English
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Signal Type: Buy
Time Frame:
1 day
Profit Target:
$1,114
Stop Loss Price
$88.74
Price at Publish Time:
$91.07
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