Meditation

Litecoin LTCUSD 6+ years range

Meditation Aktualisiert   
COINBASE:LTCUSD   Litecoin
Since 2017, Litecoin LTCUSD has been ranging with a top at 325ish dollars established in 2017 and a bottom at 25ish dollars established in 2018.

Two important things:

1) There was a failed attempt at a breakout to the upside in 2021.

2) Chart is wickless to avoid unnecessary noise, but you should know that a wick touched the bottom in 2020 (covid panic).

Could 2024 be the year with a successful breakout to the upside ? If yes, what would so many years of ranging and accumulation lead to ?

This is not financial/trading advice. You are responsible with what you do with your own money.
Kommentar:
Keep an eye on 300-400 area, it could come quickly, but also reject violently.
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