$LTC sitting right on the edge at $50.50 — classic indecision candle. This is a coin flip setup and you need a clear trigger before jumping in.
If we break and hold above $50.50, I'm eyeing a run to $53.50 resistance. That's a clean 6% move and a solid scalp if volume confirms the breakout. Set your stop just under $50 and don't let it bleed.
But if we lose $50.50 and close below it? We're likely heading lower. No reason to catch a falling knife. Wait for a retest or a lower support zone to reload.
Right now it's a wait-and-see. Let the chart give you the signal — don't force a trade on indecision. Patience pays when the setup is muddy.
If we break and hold above $50.50, I'm eyeing a run to $53.50 resistance. That's a clean 6% move and a solid scalp if volume confirms the breakout. Set your stop just under $50 and don't let it bleed.
But if we lose $50.50 and close below it? We're likely heading lower. No reason to catch a falling knife. Wait for a retest or a lower support zone to reload.
Right now it's a wait-and-see. Let the chart give you the signal — don't force a trade on indecision. Patience pays when the setup is muddy.
