The Trust Layer for Market Analysts

The analysis reviews Litecoin (LTCUSDT) on the 1-hour, 4-hour, daily, and weekly time frames. The presenter notes LTC's RSI on the hourly is bullish, and identifies a possible inverse head and shoulders pattern, predicting a move to $130 if price breaks $123. However, Stochastics and MACD suggest downward pressure. The 4-hour indicators are generally bearish. Daily RSI shows bullish signs with higher lows, although overbought zone resistance is noted. On the weekly timeframe, LTC is down 1.8% but outperforming other altcoins. The analyst concludes LTC could drop to $114-$115 before rising, stating he believes LTC could reach $400 in the long term citing potential adoption by nation states which could push the price to new all time highs.