$LTC

Point analysis and prediction of long and short directions

Market analysis

The current LTC/USDT price is 120.39, up slightly by +0.41%.

• Moving average analysis:

• MA(7): 117.99 (short-term support level)

• MA(25): 119.67 (short-term pressure level)

• MA(99): 121.39 (medium- and long-term pressure level)

• MACD:

• DIF and DEA are below the zero axis, MACD value is -0.16, short-term momentum is weakened, showing a low-level repair trend.

• Trading volume:

• The volume is at a relatively low level, the market activity is average, and the short-term trend is oscillating and consolidating.

Support and resistance

• Support: 117.99 / 112.63 / 100.56

• Resistance: 121.39 / 126.59 / 138.66

Operation suggestions

Long order strategy

• Entry point: around 117.99 (intervention on pullback support)

• Increase position point: 112.63

• Stop loss: 110.00

• Take profit target: 121.39 / 126.59

Short order strategy

• Entry point: around 121.39 (short on rebound pressure)

• Increase position point: 126.59

• Stop loss: 128.00

• Take profit target: 120.39 / 117.99

Trend prediction

LTC will be repaired near 120 in the short term. If it breaks through 121.39 The pressure level is expected to challenge 126.59; if it breaks below 117.99, it will test the support area of ​​112.63.

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