LTC

The price has already removed a lot of liquidity, making a turning point at the end of 22nd year. I consider $40-50 an excellent shopping area for the medium term (not for the whole cutlet, of course). It will probably go below $40, but it is unlikely that this will happen before reaching $70-90.

At the current price, I think that either cover the short position with a plus (who shorted it higher), and hold off on purchases. Or go long just a little bit if you haven’t bought higher yet. But the probability of a hike is lower. The probability of growth in the short term (0-1-2 months), in my opinion, is high. It's all about what price to buy before growth.

I would do this step by step, starting with very small percentages of the deposit. But, since there are two hedge longs and one short above, I won’t buy right now. The second short has already closed in positive territory.

I see the growth potential of the coin up to $70-90. In principle, there are options to walk around $120-130 in order to close short sellers who entered right before the halving. But these are already too optimistic goals.

... On the chart, I’m interested in medium-term buy and sell zones, as well as open trades and hedge trades (green dotted line - long, red - short) ...