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bullish impulse is possible - $LTC is strongly oversold but shows record on-chain metrics, preparing a strong technical foundation for a reversal. On the hourly chart, the market is in a deep volatility contraction stage; price is moving within a horizontal accumulation channel, EMA 50 and 200 are intertwined, indicating a balance of forces right before a strong impulsive breakout. RSI is neutral.
LONG $LTC
Entry 45.03 or with a limit order in the range 43.80 - 45.10.
Stop 41.90
Target 54.00 - 72.00
DYOR#SummerCreationCamp
LONG $LTC
Entry 45.03 or with a limit order in the range 43.80 - 45.10.
Stop 41.90
Target 54.00 - 72.00
DYOR#SummerCreationCamp