🔵LTC is an old-timer of the crypto market, one of the most conservative and slow assets. And yes, this is a BTC fork, aka an improved version. Worthy of respect at least because the asset is one of the few surviving forks, represents something and is in the top 20 by capitalization. In a word - strong.

💸 Meanwhile, a year has passed since the last LTC halving and, under the pressure of the market, the asset has not shown the proper movement, still remaining in accumulation. Naturally, there will be movement, the only question is how powerful the exit from the flat will be ...

📈Technically, we are at the lower limit of accumulation, formed a reversal pattern "hammer" and are forming a "bullish engulfing", i.e. a pattern in a pattern. That is, the signal for growth is strengthened due to this. Do we understand?... In fact, the picture is already extremely simple due to accumulation - according to the canon, we wait for a movement to resistance at the level of $ 100, where we have a level of 0.786 according to Fibonacci, there we fix speculative positions. Upon exit, accordingly, we wait for a movement to the expansion level of 1.618 according to Fibonacci - $ 150. 📈

💵P.s. I have noticed once again that the market loves round numbers...