TradeCityPro | LTCUSDT Let's go for spot buying?
👋 Welcome to TradeCityPro Channel!
Let's go together to analyze and review Litecoin analysis, one of the oldest coins in the market, and let's go to update the triggers of the previous analysis!
🌐 Overview Bitcoin
Before starting today's altcoin analysis, let's look at Bitcoin on the 1-hour timeframe. Since yesterday, Bitcoin experienced a correction, which was necessary for the market, and it pulled back to the 102135 range. The next trigger for a long position will be a breakout above 104714.
Yesterday's correction, coupled with an increase in Bitcoin dominance, caused noticeable declines in some altcoins. This highlights the importance of monitoring BTC pairs in your checklist these days.
📊 Weekly Timeframe
On the weekly time frame, it is one of the coins that is in a good position compared to the coins and has had the least correction in recent declines and is in this position due to the possibility of ETF approval
There is no need to complicate things in this time frame and after the break of 136.45, we will buy and be above 98.44. This trigger is valid and we do not have much of an exit trigger for the conditions of these days on this chart and for now it is better to continue holding
📈 Daily Timeframe
On the daily time frame, we are also in a good position and we had a good return after the recent market decline due to the Bybit hack and Trump's tariffs and this is a good thing!
After breaking the 75.01 level and exiting the daily box and breaking its ceiling, we moved up to the resistance of 136.45 and are now fluctuating between the 98.44 to 136.45 boxes.
We also had a curve line in this time frame that was a good support for this event and every time we hit it, we made a good move upwards, but after its failure, it can be said that the upward trend moved into the range and went to form a new structure.
To buy spot after the 136.45 trigger is broken, we can buy for spot with a stop loss of 98.44 and as long as we are above 114.38, the 136.45 trigger is very important for us and it shows us more the strength of buyers and in case of a 98.44 break, we will go for 89 and 80 and we will have a price correction.
📝 Final Thoughts
Stay calm, trade wisely, and let's capture the market's best opportunities!
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends!
Let's go together to analyze and review Litecoin analysis, one of the oldest coins in the market, and let's go to update the triggers of the previous analysis!
🌐 Overview Bitcoin
Before starting today's altcoin analysis, let's look at Bitcoin on the 1-hour timeframe. Since yesterday, Bitcoin experienced a correction, which was necessary for the market, and it pulled back to the 102135 range. The next trigger for a long position will be a breakout above 104714.
Yesterday's correction, coupled with an increase in Bitcoin dominance, caused noticeable declines in some altcoins. This highlights the importance of monitoring BTC pairs in your checklist these days.
📊 Weekly Timeframe
On the weekly time frame, it is one of the coins that is in a good position compared to the coins and has had the least correction in recent declines and is in this position due to the possibility of ETF approval
There is no need to complicate things in this time frame and after the break of 136.45, we will buy and be above 98.44. This trigger is valid and we do not have much of an exit trigger for the conditions of these days on this chart and for now it is better to continue holding
📈 Daily Timeframe
On the daily time frame, we are also in a good position and we had a good return after the recent market decline due to the Bybit hack and Trump's tariffs and this is a good thing!
After breaking the 75.01 level and exiting the daily box and breaking its ceiling, we moved up to the resistance of 136.45 and are now fluctuating between the 98.44 to 136.45 boxes.
We also had a curve line in this time frame that was a good support for this event and every time we hit it, we made a good move upwards, but after its failure, it can be said that the upward trend moved into the range and went to form a new structure.
To buy spot after the 136.45 trigger is broken, we can buy for spot with a stop loss of 98.44 and as long as we are above 114.38, the 136.45 trigger is very important for us and it shows us more the strength of buyers and in case of a 98.44 break, we will go for 89 and 80 and we will have a price correction.
📝 Final Thoughts
Stay calm, trade wisely, and let's capture the market's best opportunities!
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends!
💥 Don’t Miss Out!
💰 Join the Telegram Channel Now: t.me/Tradecityproint
🏆 Best Crypto Exchange: bit.ly/tcpbit
🤵 Business Contact: Tradecityproteam@gmail.com
💰 Join the Telegram Channel Now: t.me/Tradecityproint
🏆 Best Crypto Exchange: bit.ly/tcpbit
🤵 Business Contact: Tradecityproteam@gmail.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
💥 Don’t Miss Out!
💰 Join the Telegram Channel Now: t.me/Tradecityproint
🏆 Best Crypto Exchange: bit.ly/tcpbit
🤵 Business Contact: Tradecityproteam@gmail.com
💰 Join the Telegram Channel Now: t.me/Tradecityproint
🏆 Best Crypto Exchange: bit.ly/tcpbit
🤵 Business Contact: Tradecityproteam@gmail.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.