The Daily SMA converging. Litecoin is looking primed for a breakout and sooner this time around.

The 50, 100, and 200 Daily SMA are all about to converge. When they are positioned as so with the 50(green) between the 200(red) above and 100(blue) below, we are position for a pump and rally above the major resistance line as we've seen last cycle. The patterns are playing out very similar to last cycle. Litecoins in a huge 2 cycle bull flag and with the Bitcoin ETF approval, this third cycle may be the breakout cycle for Litecoin. How many LTC's do you think is need to be comfortable this cycle? I mean like to quit your job?

Litecoin may not have performed as well as some of the other coins out there but it's a safe bet second to that of bitcoin but with a wild card possibility for it to moon based on a number of factors, which makes it more attractive than bitcoin imo.

Please be aware there are two possible paths from now to breakout. See chart lines in orange and grey. Grey shows a small pump from here and then a dump first before we're off to the races.
This BTC rally above to 42k may just be a dead cat bounce. So you have been advised. DYOR.

Daily SMA Merging. Two paths that it can take in orange and grey so you have been advised.

Similar pattern happening earlier in reference to the BTC halvening. The chart says we may be breaking out earlier this time. Our next ATH I expect to be in the purple shade between October 7, 2024 to May 19 2025 in and around there. I know that's like a 7 month range, not too helpful, so look for top indicators once in that range.