Litecoin is on a roll right now, up 7,5% for the day and just past by the old peak of 83. That means that we only have one more peak to go, before we have a new ATH. Lets have a look at the daily chart:
Comment: I do see 2 scenarios here, the first one is that Litecoin will just continue to go straight up and dont give a shit about the old ATH or the other scenario is that Litecoin will form a cup and stop around 94 and then make a handle for about a week and then charge higher and set a new ATH.
I dont know which scenario that will be played out here, it is just looking very bullish and we do have an ATH within our reach.
Happy investing!
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