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Litecoin | Start of the Next Bull Cycle

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Litecoin is just starting or about to start its next bull run cycle.

We know it's bottomed out because this green uptrend was drawn on a weekly timeframe that connects the bottom of the previous 3 starts of uptrends before a bigger move.

Anyways, we seem to finish the bleed from the move up to $139 back to where we started at around $45.

This is confirmed by the uptrend holding this level, almost squeezing price between that and the $45 support marked in red.

From here we should either see a violent spike up in price, or accumulation above the $45 support until we have a violent spike up in price.

I don't need any indicators to tell me what's about to unfold either, this is the science of trading.

As always please do your own research, I am not a financial advisor.

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