- Litecoin price clear and definite prior uptrend supports a cup-with-handle base.
- U-shaped bottom enforces the bullish outlook.
- Bears unsuccessfully trying to pull LTC price below the 50-day simple moving average (SMA).
Litecoin price suggests a balance between supply and demand and confirms the bullish view that selling pressure has been exhausted.
Litecoin price reflecting historical precedent for superior bases
A strong price pattern of any type, like a cup-with-handle, “should…
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