By analyzing the Litecoin (LTC) chart on the weekly (logarithmic) timeframe, we can see that the price has risen to $100, successfully hitting the first target from the previous analysis.
Currently, LTC is trading around $96, and it’s important to see whether the price can hold above the $76–$88 support zone. If it does, we could expect a strong bullish move ahead. The next targets are $114 and $120.
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
Currently, LTC is trading around $96, and it’s important to see whether the price can hold above the $76–$88 support zone. If it does, we could expect a strong bullish move ahead. The next targets are $114 and $120.
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
Trade attivo
By analyzing the #Litecoin (LTC) chart on the weekly timeframe, we can see that after the recent market-wide correction, LTC dropped to around $83, perfectly testing the $76–$88 demand zone highlighted in the previous analysis.As expected, this area attracted strong buying pressure, pushing the price back up toward $91, confirming that buyers continue to defend this key zone.
The overall structure remains bullish — as long as LTC holds above $88, the outlook stays intact. The next upside targets are $100, $114, and $120, where the market could face short-term resistance before another possible breakout.
This bounce once again demonstrates Litecoin’s technical strength and the reliability of its long-term demand area. If momentum continues, we could soon see another push toward the $100 mark.
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📘 Wanna Learn ICT & SMC? Get the Full Book Here : bit.ly/ICT-BOOK
⚜️ Free Telegram Channel : telegram.me/PriceAction_ICT
⚜️ JOIN THE VIP 👉 t.me/ArmanShabanTrading
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Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
