Ltcusdanalysis
#LTC/USDT 1HOUR UPDATE BY SANDERS!Hello, welcome to this LTC/USDT 1Hr chart update by CRYPTOSANDERS.
I have tried my best to bring the best possible outcome to this chart.
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CHART ANALYSIS:-
In the above-mentioned chart, it is evident that LTC is trading inside the TRIANGLE pattern and bounced from the support zone or the yellow MA.
Currently, LTC facing the upper trend line resistance which, etc must break for some green gains in upcoming hours.
IMO we should wait for the confirmation.
Which will be the break to this triangle pattern and a retest to take a long position.
If it gets a rejection from the resistance trend line then LTC must hold the MA support.
If it fails to hold then this chart will be invalidated
This is not a piece of financial advice.
Sorry for my English it is not my native language.
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LITECOIN LONGS ACTIVE📉📉📉Expecting bullish price action on LTC as price shifted the strucutre from bearish into bullish and for now price rejected a bullish orderblock area on the H4. We have clear area till 150/180 possible targets.
EXTREME FEAR on the fear/greed indicator meaning there is a good buying opportunity.
What do you think ? Comment below..
LITECOIN LONGS ACTIVE 📉📉📉📉 Expecting bullish price action on LITECOIN as price shifted the market strucutre from bearish into bullish making a change of strucutre move. Retraced back into bullish orderblock area on the h4 104$ price area, we have a bullish confirmation and ,,green light,, for the bullish move.
What do you think ? Comment below.
Litecoin at important confluence resistanceThe trend for Litecoin is down, however, after finding strong bits in the 100 zone, the coin has started to reverse and now is trading in very important 120 confluence resistance.
A break here would expose 140-145 next important resistance and, on the other hand, the incapacity to break above would put bears in control once more