đĄ $LTC Trade Plan â SELLING / SHORT (Resistance Rejection Play)
đŽ Sell / Short: $52.50 â $54.00 (near overhead horizontal supply)
đŻ TP 1: $48.00
đŻ TP 2: $44.50
đ SL: $55.80
Moving Average Analysis:
Following a prolonged accumulation base between $42.00 and $46.00, $LTC has pushed to ~$51.68, crossing above the short-term MA(7) and intermediate MA(25). The recovery is now approaching dynamic resistance around the descending MA(200) / $54.00â$55.00 supply cluster.
The momentum shift off the $44â$46 summer lows indicates a bottoming structure.
Avoid market-buying directly into the $52.50â$54.00 resistance band. Instead, wait for a healthy pullback into the $48.50â$50.50 support zone to execute a long setup with a disciplined stop loss.
#LTCPricePrediction #LTCđ #LTC
đŽ Sell / Short: $52.50 â $54.00 (near overhead horizontal supply)
đŻ TP 1: $48.00
đŻ TP 2: $44.50
đ SL: $55.80
Moving Average Analysis:
Following a prolonged accumulation base between $42.00 and $46.00, $LTC has pushed to ~$51.68, crossing above the short-term MA(7) and intermediate MA(25). The recovery is now approaching dynamic resistance around the descending MA(200) / $54.00â$55.00 supply cluster.
The momentum shift off the $44â$46 summer lows indicates a bottoming structure.
Avoid market-buying directly into the $52.50â$54.00 resistance band. Instead, wait for a healthy pullback into the $48.50â$50.50 support zone to execute a long setup with a disciplined stop loss.
#LTCPricePrediction #LTCđ #LTC