$LTC 53.47
🟡#SETUP: #
Quick Analysis:
🟡#ENTRY: 53.00-53.40 valid for LONG entry, but it's best to wait for a 15m close above 53.40 to confirm the breakout.
🟡#TARGETS: TP1 54.50 = +1.9%, TP2 56.00 = +4.7%, TP3 58.00 = +8.5%
🟡#SL: 51.80 = -3.1% below support. A logical stop below today's low.
🟡#RISK: 53.40-53.60 is a momentary resistance. If the price rejects here, we might drop back to 52.50.
🟡#CONTEXT: Bitcoin ETF news is bearish -1.26B$ withdrawn over 6 days. This is putting pressure on the entire market; LTC won't rise alone.
🟡#PLAY:
The strategy is active if it holds above 53.40 on a 15m candlestick.
Take 50% at TP1 54.50, move the stop to break-even, and let the rest ride to TP2/TP3.
If it rejects 53.60, wait for a retest of 53.00.
🟡#NFA 🟡#DYOR 🟡#LTC
🟡#SETUP: #
Quick Analysis:
🟡#ENTRY: 53.00-53.40 valid for LONG entry, but it's best to wait for a 15m close above 53.40 to confirm the breakout.
🟡#TARGETS: TP1 54.50 = +1.9%, TP2 56.00 = +4.7%, TP3 58.00 = +8.5%
🟡#SL: 51.80 = -3.1% below support. A logical stop below today's low.
🟡#RISK: 53.40-53.60 is a momentary resistance. If the price rejects here, we might drop back to 52.50.
🟡#CONTEXT: Bitcoin ETF news is bearish -1.26B$ withdrawn over 6 days. This is putting pressure on the entire market; LTC won't rise alone.
🟡#PLAY:
The strategy is active if it holds above 53.40 on a 15m candlestick.
Take 50% at TP1 54.50, move the stop to break-even, and let the rest ride to TP2/TP3.
If it rejects 53.60, wait for a retest of 53.00.
🟡#NFA 🟡#DYOR 🟡#LTC