$LTC
$LTC /USDT — 4H
Price: $72.35
Trend: bullish. The price is above the EMA 7/25/99 and Supertrend — the structure is still bullish.
RSI: ~64 — the momentum is strong, but not yet in the overbought zone.
Resistance: $74.8–75.0. A breakout and consolidation above may open the way to $77–78.
Support: $71–71.5; below that, $67.5–68.
Volume: there was a strong spike during the rise, but volumes are now decreasing — a pause/pullback before the next move is possible.
Scenario: as long as $LTC holds above $71, buyers have the advantage. Consolidation above $75 will provide a stronger signal for the continuation of the uptrend. Losing $71 increases the likelihood of a pullback to $68.
The key right now: the $74.8–75 zone is crucial for the next move.
$LTC /USDT — 4H
Price: $72.35
Trend: bullish. The price is above the EMA 7/25/99 and Supertrend — the structure is still bullish.
RSI: ~64 — the momentum is strong, but not yet in the overbought zone.
Resistance: $74.8–75.0. A breakout and consolidation above may open the way to $77–78.
Support: $71–71.5; below that, $67.5–68.
Volume: there was a strong spike during the rise, but volumes are now decreasing — a pause/pullback before the next move is possible.
Scenario: as long as $LTC holds above $71, buyers have the advantage. Consolidation above $75 will provide a stronger signal for the continuation of the uptrend. Losing $71 increases the likelihood of a pullback to $68.
The key right now: the $74.8–75 zone is crucial for the next move.