๐ Litecoin (LTC/BRL) Analysis: Key Levels and Entry Strategy
1. Support Levels:
Previous Support: Around 340.5 BRL
Current Support: Approximately 355.7 BRL
Analysis: LTC has held steady above the previous support, indicating potential bullish momentum.
2. Resistance Levels:
Previous Resistance: Near 364.9 BRL
Current Resistance: Around 357.5 BRL
Analysis: Breaking above the current resistance could signal further gains.
3. Entry Strategy:
Buy Entry: Consider entering long positions if LTC breaks above 357.5 BRL with conviction.
Stop Loss: Set a stop loss just below the current support (355.7 BRL).
Target: Aim for a target near the previous resistance (364.9 BRL).
๐ Previous Values:
24h High: 364.9 BRL
24h Low: 340.5 BRL
:Remember, always do your own research and manage risk appropriately. Happy trading! ๐
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