Litecoin hit a major low 17-August, the lowest level/price since November 2022, making this date a long-term higher low.
This is a full "reset", a very strong price correction.
A higher low short-term is hit 11-September and today we have a full green candle above EMA10 and EMA21, with bullish indicators.
This can be a great entry point based on these signals, this pair looks ready to grow. The short-term bias is clearly bullish, other major Altcoins also ready to grow.
We shared a long trade for this pair 15-Sep.
That's how strong we think of this chart setup.
Namaste.