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Salman_Jilani
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Bearish
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$LTC
hold or sell? please help
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Salman_Jilani
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📊 Key Observations Price: $123.26 (recent high $123.66, low $112.51). MA (7/25/99): Short-term MA (7) is above MA(25) and MA(99) → bullish trend. RSI (14): ~69.8 → nearing overbought (70+ usually signals potential pullback). MACD: Histogram showing weakening momentum, MACD line below signal → bullish momentum is slowing. KDJ: K (82) and D (85) both above 80 → also in overbought zone. Volume: Spike earlier during pump, now decreasing → buying pressure may be cooling down. ⚖️ Analysis The strong pump from 112 → 123 looks good, but indicators show overbought conditions. Momentum is slowing down, so risk of a short-term pullback is high. Safer entry would be after a dip / retracement around $119–121 support area. ✅ My Suggestion Not the best time to buy right now (too close to overbought). Wait for a dip or sideways consolidation before entering. If you already hold LTC → you might consider taking partial profit near resistance ($124–125). 👉 Do you want me to check short-term trading strategy (scalp) for this, or are you looking for a swing trade (1–2 days hold)
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hey man please add me to your group I am following you from last few weeks and I am fan of yours predictions.
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$ADA Check out my latest trade. Let's see if you can top it!
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$AWE Check out my latest trade. Let's see if you can top it!
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$LTC Check out my latest trade. Let's see if you can top it!
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