💎 LTC is poised to break multiple resistance levels, including the resistive trendline and a significant resistance zone, while also forming a bullish W pattern. This confluence of factors suggests a potential bullish move for LTC.
💎 If LTCUSDT manages to break out above the resistance level, it could pave the way for further upward movement towards subsequent...
💎 LTC is currently forming a W pattern within a supportive trendline and in a demand area. Historical price actions indicate that after the formation of the W pattern, LTCUSD has experienced significant upward bounces.
💎A breakout above the small resistance level at the top of the W pattern could signal a bullish move. Alternatively, the price may pull back to...
litecoin looks good and making higher high higher lows
my pov is that it might get rejection from 110 level as the bottom buyer maybe booking some profits
back to lvls of 85-95 will be retest zone or value zone for buyers after the rejection from 110
for medium to long time frame we can see 140 levels too
after recent breakout from 116
price has made its first pullback on hourly chart
it look like a channel consolidation
if the price breaks down then it might act as breakout and retest at 116
if it breakout above from the channel then 138 would be next resistance
with long triangle formation ltc has broken out
lets wait for retest at 204-205 buying levels with sl of 197.50 and target of 212-213
ltc has lately giving big spikes moves so maintain proper and sl and target is must to avoid slippages
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (59.45). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. LTCUSD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support....
