Technical analysis by TradingShot about Symbol LTC: Sell recommendation (12 hour ago)

TradingShot
LITECOIN can easily hit $43 in the next 10 months.

Litecoin (LTCUSD) started its new Bear Cycle after a rejection on the 4-year Lower Highs trend-line. Now that it sits below its 1W MA200 (orange trend-line), which was formally a Resistance during the Bull Cycle, we can claim that the next stage should be targeting the Higher Lows 1 trend-line. Given that all previous Bear Cycles lasted for at least a year and that the last one dropped less than the 2018, we can expect LTC's new Bear Cycle to last up until August 2026 at least. Even a 'modest' decline should still see it targeting Higher Lows trend-line 2, which by the end of August 2026 should have hit $43.00 at least. --- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** --- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇