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LIVEFastGuru
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$LTC 1D TF Analysis:
The price touched the upper limit of the Bollinger Bands, signaling a potential downtrend.
Chaikin Money Flow (CMF) showed a downtick, increasing the likelihood of price decline.
Despite a downtick, the Relative Strength Index (RSI) remains above 50, suggesting potential for the coin to maintain a bull rally and meet investor expectations.
After the long position liquidations a few days ago, the chart moves sideways.
The price touched the upper limit of the Bollinger Bands, signaling a potential downtrend.
Chaikin Money Flow (CMF) showed a downtick, increasing the likelihood of price decline.
Despite a downtick, the Relative Strength Index (RSI) remains above 50, suggesting potential for the coin to maintain a bull rally and meet investor expectations.
After the long position liquidations a few days ago, the chart moves sideways.
#LTCPricePrediction careful long traders !! Dont be faked stay #SAFU🙏
LIVEFastGuru
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$LTC 1D TF Analysis:
Litecoin recently underwent a notable downward shift, breaching a prominent uptrend on the daily timeframe and leading to a pronounced decline. Currently, LTC seems to be in the process of shaping a bearish flag pattern, reinforcing the likelihood of continued downside momentum. Bearish flag patterns generally indicate a continuation of the preceding downtrend. Consequently, there is an expectation that LTC will break beneath the flag pattern, potentially initiating further selling pressure. Traders and investors are advised to exercise caution, carefully observing both price movements and volume to validate the anticipated breakout direction.
Litecoin recently underwent a notable downward shift, breaching a prominent uptrend on the daily timeframe and leading to a pronounced decline. Currently, LTC seems to be in the process of shaping a bearish flag pattern, reinforcing the likelihood of continued downside momentum. Bearish flag patterns generally indicate a continuation of the preceding downtrend. Consequently, there is an expectation that LTC will break beneath the flag pattern, potentially initiating further selling pressure. Traders and investors are advised to exercise caution, carefully observing both price movements and volume to validate the anticipated breakout direction.
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Future Trading Expert - Tamil Nadu
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Who wants my analyse for a specific market, follow this procedure properly . Then only you will get our accurate analysis . If you're asking in Comment i can't share my analyse on that .
Always everyone need to tag @KingofBTC2024 for your Repost (Quote) .
Thank You
#BTC #etf
Always everyone need to tag @KingofBTC2024 for your Repost (Quote) .
Thank You
#BTC #etf
Greetings guys talking about $BCH while it’s maintaining kind of a stable price between $232 and $225 which is an area of support as shown, and today it took support at the price of $224 almost breaking out of the support range we are currently at the time of the post at $226 which is a price affected by the support but if we breakout of the support area (below $223.2) we are going to see price falling till the next support area around $215 in case the price breakout under the support range I’m opening a short position with x20 leverage with stop loss at around $225 and taking profit at $216, anyway its not a good time to short crypto while the Blackrock ETF approval would get approved in anytime. Trade with caution, with a tight stop lose.📉 #bitcoincash #BTC #etf #blackrock #BinanceSquare
