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LTCUSD 4d speculative setup 140% upside IMPORTANT: this is a speculative setup, performance is not guaranteed, so please use a tight stop loss.
Hello guys. how are you doing today? Let's review litecoin 4daily chart, we got a somewhat similar setup to bitcoin in here, so it's possible that the mid-term floor is already set and litecoin will produce decent gains next 4-8 weeks.
I expect more upside short-term and then a pullback so you want to look for confluence in BTCUSD, cause they are 80% correlated, and be ready to load on BUY side near 40.
Target is 76/78, which is a 140% gain off the lows.