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LTC is making "W" in Weekly Chart!

Panjang
BINANCE:LTCUSDT   Litecoin / TetherUS
#LTCUSDT

This can be taken as a long term trade!

According to technical analysis, LTCUSDT chart is making W Pattern in the weekly timeframe chart. It will complete its W in 6 months to 1 year time.

W Pattern is formed when the price dips down the first time and the bulls try to buy the dip which makes the price rise to a certain point but eventually, the price makes a similar dip before being bullish (ultimately) which confirms the W pattern.

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