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HeiL8864
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LTC reaches a critical juncture! The future direction will soon be revealed
Highlights Analysis: Is it a rebound or a deep decline? Support and resistance levels hold hidden clues
Trading Strategy: Both long and short are possible, precise points assist in layout
Market Analysis:
LTC's recent trend is weak, but it is approaching a key support level. The market remains deadlocked between bulls and bears, and short-term may enter a consolidation phase. Current trading volume is slightly insufficient, but the downtrend is gradually slowing, providing opportunities for a short-term rebound, while it may also become a breakthrough point for bears to continue pressing.
Three support levels and three resistance levels:
• Support Levels: 97.50, 96.30, 94.80
• Resistance Levels: 100.50, 102.30, 105.00
Short-term Trading Strategy:
Long Position:
• Entry Point: 97.80
• Add Position Point: 96.50
• Stop Loss Point: 94.50
• Take Profit Targets: First target 100.50; second target 102.30; third target 105.00
Short Position:
• Entry Point: 100.50
• Add Position Point: 102.00
• Stop Loss Point: 105.50
• Take Profit Targets: First target 97.80; second target 96.50; third target 94.50
My Prediction:
In the short term, I tend to go long, as LTC has strong rebound momentum near the support levels. It is recommended to gradually lay out long positions and pay attention to the performance at key points.
[Daily, I will share analyses of mainstream coins and altcoins with my brothers, and everyone can click on the coin pair tags in the article for trading. I wish all brothers and sisters a bountiful profit!]$LTC
Highlights Analysis: Is it a rebound or a deep decline? Support and resistance levels hold hidden clues
Trading Strategy: Both long and short are possible, precise points assist in layout
Market Analysis:
LTC's recent trend is weak, but it is approaching a key support level. The market remains deadlocked between bulls and bears, and short-term may enter a consolidation phase. Current trading volume is slightly insufficient, but the downtrend is gradually slowing, providing opportunities for a short-term rebound, while it may also become a breakthrough point for bears to continue pressing.
Three support levels and three resistance levels:
• Support Levels: 97.50, 96.30, 94.80
• Resistance Levels: 100.50, 102.30, 105.00
Short-term Trading Strategy:
Long Position:
• Entry Point: 97.80
• Add Position Point: 96.50
• Stop Loss Point: 94.50
• Take Profit Targets: First target 100.50; second target 102.30; third target 105.00
Short Position:
• Entry Point: 100.50
• Add Position Point: 102.00
• Stop Loss Point: 105.50
• Take Profit Targets: First target 97.80; second target 96.50; third target 94.50
My Prediction:
In the short term, I tend to go long, as LTC has strong rebound momentum near the support levels. It is recommended to gradually lay out long positions and pay attention to the performance at key points.
[Daily, I will share analyses of mainstream coins and altcoins with my brothers, and everyone can click on the coin pair tags in the article for trading. I wish all brothers and sisters a bountiful profit!]$LTC
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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