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The Daily Hodl 2025-02-15 12:45:21

Trader Says Litecoin (LTC) Has One of the Best-Looking Charts Right Now, Updates Bitcoin and BNB Outlook

Trader Says Litecoin (LTC) Has One of the Best-Looking Charts Right Now, Updates Bitcoin and BNB Outlook

A widely followed analyst and trader is leaning bullish on one large-cap altcoin while updating his outlook on two other crypto assets. The analyst and trader pseudonymously known as DonAlt tells his 649,700 followers on the social media platform X that Litecoin ( LTC ) has “one of the best-looking crypto charts right now.” Based on DonAlt’s chart, it appears he is suggesting that Litecoin is potentially forming an ascending triangle on the weekly time frame. In technical analysis, an ascending triangle is typically considered bullish as the asset prints higher lows. Source: DonAlt/X On the possible reason behind Litecoin’s bullishness, the pseudonymous analyst says, “The main reason why is speculation on an exchange-traded fund (ETF). I think it’s one of the most likely to get one so that’s not too dumb a line of thinking. Just might take a while to play out.” Litecoin is trading at $129 at time of writing. Next up is Bitcoin ( BTC ). The pseudonymous analyst says that Bitcoin is currently “struggling” and that the best entry opportunity for a long entry lies above $101,000. According to DonAlt, Bitcoin is right now trading in a “simple range” with the key support level at around $95,000 and the key resistance at around $101,000. Source: DonAlt/X Bitcoin is trading at $96,836 at time of writing. Turning to BNB , DonaAlt says that the sixth-largest crypto asset by market cap appears bullish on the monthly time frame after climbing above a range that started in early 2021. “It looks even better now. No close sub $625 would cement the bull case [for BNB].” Source: DonAlt/X BNB is trading at $667 at time of writing. Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Trader Says Litecoin (LTC) Has One of the Best-Looking Charts Right Now, Updates Bitcoin and BNB Outlook appeared first on The Daily Hodl .

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