2024.3.14 Latest market analysis of Litecoin (LTC)

Looking back at the market, let’s first review the ideas that Wright gave in yesterday’s trading. Did he say yesterday that Wright would test the position of 105? Is such an obvious short-short move perfect? ​​The current price of the market as of press time is around 96. Okay, I kept stepping back below to test.

So today’s market situation can be seen that the market has entered the EMA moving average and started to weaken. It has been hovering above the EMA30. The MACD shrinkage has increased, and the KDJ has alternately formed downwards. There is a possibility of closing upward. The closing of the Bollinger Bands has become a trend. , it will hit the Bollinger Bands mid-rail pressure level near 97 again in the short term, and focus on the 103 pressure point above.

In terms of ideas, it is recommended to focus on short-term bulls at low positions and auxiliary short positions at high positions. It is recommended not to break longs around 91 to 90.5 below, with a target of 100, and not to break shorts around 103 to 104 above. You must grasp the space yourself, and strictly limit profits and losses. It is recommended for reference only and at your own risk.

This article is exclusively contributed by academicians of the currency circle and represents only the academicians’ exclusive views. He has in-depth research on BTC, ETH, DOGE, DOT, FIL, EOS, etc. Due to the time when the article is pushed, the above opinions and suggestions are not real-time and are for reference only. Please bear the risk at your own risk. Please indicate the source when reprinting and make reasonable orders. Control your positions well and never operate with a heavy position or a full position. The academician also hopes that all investors will understand that the market is always right. If you are wrong, you should summarize your own problems and don't let the profits that should be obtained fly away. There is no need to be smarter than the market in investing. When the trend comes, respond to it and follow it; when there is no trend, watch it and stay calm. It’s not too late to wait until the trend finally becomes clear before taking action. Tomorrow's success comes from today's choices. God rewards diligence, integrity rewards kindness, humanity rewards sincerity, business ethics rewards trust, industry rewards excellence, and art rewards heart. Gains and losses are all inadvertent. Develop the habit of strictly taking a stop loss and a stop profit on every order. Academicians of the currency circle wish you a happy investment! $LTC #热门话题 #LTC.每日智能策略