Litecoin price prepares for a 20% ascent as LTC reveals a bullish setup

  • Litecoin price completed its bear trap after setting a swing low below the January 22 low at $96.39.
  • The resulting upswing will propel LTC to contend with the $117.80 and $124.09 hurdles.
  • A four-hour candlestick close below $91.61 will create a lower low and invalidate the bullish thesis.

Litecoin price is experiencing a pullback after it experienced a quick run-up. The price action prior to the minor rally plays a crucial role in identifying trend reversals;…


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