🔎 Indicator Analysis
#LTC #Litecoin $LTC EMA (7 vs 25)
EMA(7) = 75.67
EMA(25) = 85.58
Current price = 54.58
→ Price is trading well below both EMAs, showing strong bearish momentum and long-term weakness.
MACD (12, 26, 9)
MACD Line = 0.80
Signal Line = -3.83
Histogram = -4.64
→ Histogram negative, MACD barely above zero but still below signal. This suggests bearish continuation with no clear bullish crossover yet.
RSI
RSI(6) = 22.35 (oversold)
RSI(12) = 36.32 (weak)
RSI(24) = 44.98 (neutral-bearish)
→ Short-term RSI is deeply oversold, but longer-term RSI still weak. This hints at possible short-term relief bounce, but trend remains bearish.
📉 Candlestick & Price Action
February 2026 candle:
Open = 59.49, Close = 54.58 → -8.25% decline
Long lower wick (Low = 45.00) → buyers defended $45 zone, but close still weak.
Structure:
Peak in 2021, followed by multi-year decline.
Current price consolidating near multi-year support around $45–50.
No strong bullish reversal pattern yet (no engulfing, hammer confirmation).
⚖️ Trade Setup Suggestion
Bias: Bearish trend intact, but oversold RSI suggests caution before shorting aggressively.
Levels to Watch:
Support: $45 (critical zone). If broken, next downside could be $30–35.
Resistance: $60–65 (EMA cluster). Any bounce likely capped here.
Setup Options:
Short-term traders: Possible bounce play from $45 support, targeting $60 resistance. Risk tight stop below $44.
Swing traders: Trend is bearish. Safer to wait for a breakdown below $45 to short toward $35.
Long-term investors: No buy signal yet. Better to wait for monthly close above $65 (EMA reclaim) before considering accumulation.
✅ Actionable View:
If you’re aggressive: consider a short-term buy (bounce trade) near $45 support, but keep stops tight.
If you’re conservative: stay bearish-biased, wait for either breakdown below $45 for short entry, or reclaim above $65 for long entry.