#BTC #ETH #BullishMarket #LtcAnalysis This analysis suggests that Litecoin (LTC) is continuing its bullish wave that began in late November 2024, following a bottom in August 2024. The wave experienced a significant 40% correction, activating the 0.618 Fibonacci retracement level. This retracement level was precisely hit, signaling that the correction low is likely in place.
### Short-Term Analysis:
- **Green Closes:** Litecoin has closed three consecutive green days, with today marking the fourth.
- **Potential Scenarios:**
1. A small advance followed by a sudden drop, forming a higher