FenzoFx—Litecoin (LTC) gained $2.0, reaching $96.9 and approaching weekly highs. During the London session, it is preparing for the next bullish move, with a potential test of $97.88 in New York to complete its range increase.
However, entering long at this level is risky in the short term. A retest of the FVG area ($94.0–$95.0) may occur in the late New York session before further gains.
As long as LTC holds above $93.1, the bullish trend remains intact, with $97.8 as the immediate target and $104.0 expected later this week.
However, entering long at this level is risky in the short term. A retest of the FVG area ($94.0–$95.0) may occur in the late New York session before further gains.
As long as LTC holds above $93.1, the bullish trend remains intact, with $97.8 as the immediate target and $104.0 expected later this week.
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