๐ $LTC Chart Summary
๐น Pair: LTC/USDT
๐น Timeframe: 1 Month (1M)
๐น Current Price: $42.16
๐น 24H High: $43.70
๐น 24H Low: $41.48
๐น 24H Volume: 320,485 LTC
๐ Indicators ๐ก EMA(7): 57.69
๐ฃ EMA(25): 76.20
๐ต EMA(99): 89.77
๐ Williams %R(14): -98.28
๐ Chart Analysis โ Price is below EMA(7), EMA(25), and EMA(99).
โ Long-term trend is bearish.
โ Major historical high: $413.49.
โ Strong support zone: $22.32.
โ Williams %R at -98.28 shows extreme oversold conditions.
โ A short-term bounce is possible, but trend reversal is not confirmed.
๐ฏ Long Trade Idea ๐ Entry: $40.50 โ $42.50
๐ Stop Loss: $38.00
๐ฏ TP1: $57.69
๐ฏ TP2: $76.20
๐ฏ TP3: $89.77
โ ๏ธ Important For a strong bullish confirmation, LTC needs to break and close above $57.69. Until then, the overall trend remains bearish.
#Binance #LTCUSDT #LTCUSDT #CryptoTrading. #TechnicalAnalysiss
๐น Pair: LTC/USDT
๐น Timeframe: 1 Month (1M)
๐น Current Price: $42.16
๐น 24H High: $43.70
๐น 24H Low: $41.48
๐น 24H Volume: 320,485 LTC
๐ Indicators ๐ก EMA(7): 57.69
๐ฃ EMA(25): 76.20
๐ต EMA(99): 89.77
๐ Williams %R(14): -98.28
๐ Chart Analysis โ Price is below EMA(7), EMA(25), and EMA(99).
โ Long-term trend is bearish.
โ Major historical high: $413.49.
โ Strong support zone: $22.32.
โ Williams %R at -98.28 shows extreme oversold conditions.
โ A short-term bounce is possible, but trend reversal is not confirmed.
๐ฏ Long Trade Idea ๐ Entry: $40.50 โ $42.50
๐ Stop Loss: $38.00
๐ฏ TP1: $57.69
๐ฏ TP2: $76.20
๐ฏ TP3: $89.77
โ ๏ธ Important For a strong bullish confirmation, LTC needs to break and close above $57.69. Until then, the overall trend remains bearish.
#Binance #LTCUSDT #LTCUSDT #CryptoTrading. #TechnicalAnalysiss