Recently, LTC has begun to receive more and more attention from the market, and it has also attracted a lot of attention; so where will the future direction go?
Let’s look at the news first: There are still more than two months to go before the four-year production reduction plan, which has also been launched recently.
LTC20 will also be further speculated by the market.
From the market perspective: the upper resistance of the daily line is at 102, and the lower support is at 77.5; the one-hour line currently still has a pull-up demand. In the short term, we will first see whether it can stabilize at 95.5. If it stabilizes, it will continue to align with the 102 resistance. It is not ruled out that it will be virtual. It broke, and four hours was about to reach the limit.
Based on the above, I can draw my personal opinion: If it goes down first, then find a suitable position at the low level to intervene as long. In the short term, first look at the line near 95. If it goes up first, first see if it can stand firm at 95.5. If it is just a virtual break, then intervene as short. If you are looking for stability, wait until it reaches the support level before considering taking a long position.
