A similar setup happened before â and now $LTC appears to be showing a pattern worth watching closely.
đ Previous Setup:
About a week before $LTC broke above $55, Litecoin was trading around $43â$44.
đ Current Setup:
$LTC is again trading around the $43â$45 zone, creating a pattern that looks surprisingly similar.
đ The Key Level: $45
If can hold above $45 and avoid a breakdown next week, momentum could start building toward the upside.
If the pattern continues to play out, my potential target is:
đŻ $70â$75 before the end of October
That would make the current $45 area an important level to watch.
đš What I'm Watching
âą $45 â key support/hold zone
âą $55 â important breakout area
âą $70â$75 â potential upside target
âą A loss of $45 could invalidate this bullish setup
History doesn't always repeat, but sometimes it rhymes.
Could Litecoin be preparing for another major move?
NFA â DYOR. This is a personal market view, not financial advice.