Is Litecoin finally ready to pop for real this time? 1600% gain

As many of you have been, I'm watching crypto prices closely since the BTC jump to $123k, waiting for the next move. Well, today we see that move and the entire market is blood red, except for...

Litecoin.

The patiently waiting little brother of the "big 3", waiting for his time to grow up and shine. Well today I'm impressed, mr. Litecoin is the only green coin in my entire Watchlist.

Zooming in on the chart: there’s a clean, rounded cup and a crisp handle forming, and that handle looks like it’s already breaking out. If Bitcoin can hold the $112K level, I think this could be the start of some serious moves from LTC.

The perfect bull flag that's formed on the chart has good volume too.

That blue line coming down is a long term trendline, and price is consolidating above it.

Still thinking about that "1600%"?

If you zoom out, there's a massive descending wedge forming since 2014 (11 years!!!). If Litecoin finally breaks out of it, the first fib level (.236) is at .01275BTC, that's 1600% up from here.

We'll see.