Long
LTCUSD Futures ( LTCUSD ), H4 Potential for Bullish Rise
Title: LTCUSD Futures ( LTCUSD ), H4 Potential for Bullish Rise
Type: Bullish Rise
Resistance: 108.33
Pivot: 94.81
Support: 89.98
Preferred case: Looking at the H4 chart, my overall bias for LTCUSD is bullish due to the current price crossing above the Ichimoku cloud, indicating a bullish market. If this bullish momentum continues, expect price to possibly head towards the resistance at 108.33, which is the intermediate high is.
Alternative scenario: Price may head back down to retest the support at 89.98 where the overlap support is located.
Fundamentals: There are no major news.
Type: Bullish Rise
Resistance: 108.33
Pivot: 94.81
Support: 89.98
Preferred case: Looking at the H4 chart, my overall bias for LTCUSD is bullish due to the current price crossing above the Ichimoku cloud, indicating a bullish market. If this bullish momentum continues, expect price to possibly head towards the resistance at 108.33, which is the intermediate high is.
Alternative scenario: Price may head back down to retest the support at 89.98 where the overlap support is located.
Fundamentals: There are no major news.
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