⚡️LTCUSDT analytical review⚡️
Medium-term, the instrument is in a downward trend 📉. The current market strength on a scale of zero to one hundred is 26.1. Selling 🔽 is recommended.
Locally, there is also a tendency towards decline, as the instrument is trading below the last upward channel, indicating a resumption of medium-term decline. Speculatively, in the current situation, selling 🔽 is also recommended.
A good point for opening a short position will be the lower boundary of the channel, which is currently at 90.24. In case the price returns inside the channel and consolidates above this value, it is possible to make speculative purchases 🔼 with the goal around the upper boundary of the channel, currently at 94.21. A change in the medium-term trend to an upward one can be discussed when the price is fixed above the level of 91.2.
Locally, there is also a tendency towards decline, as the instrument is trading below the last upward channel, indicating a resumption of medium-term decline. Speculatively, in the current situation, selling 🔽 is also recommended.
A good point for opening a short position will be the lower boundary of the channel, which is currently at 90.24. In case the price returns inside the channel and consolidates above this value, it is possible to make speculative purchases 🔼 with the goal around the upper boundary of the channel, currently at 94.21. A change in the medium-term trend to an upward one can be discussed when the price is fixed above the level of 91.2.
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⚡LTC analytical review⚡
Mid-term, the instrument is in a downward trend 📉. The current market strength on a scale from zero to one hundred is 42.9. Working from sales 🔽 is recommended.
Locally, there is a trend towards growth, and the instrument is trading above the descending channel with a lower boundary at level 79.57 and an upper boundary at level 86.39. Above this value, speculative purchases are possible.
If the price returns to the channel and consolidates within it, the probability of a successful long position sharply decreases, and it is recommended to work only from sales. 🔽
Breaking through the lower boundary of the channel 79.57 will indicate an acceleration of the current downtrend. Breaking the mid-term decline and reversing upwards can be discussed if the price rises to the level of 88.96.
Mid-term, the instrument is in a downward trend 📉. The current market strength on a scale from zero to one hundred is 42.9. Working from sales 🔽 is recommended.
Locally, there is a trend towards growth, and the instrument is trading above the descending channel with a lower boundary at level 79.57 and an upper boundary at level 86.39. Above this value, speculative purchases are possible.
If the price returns to the channel and consolidates within it, the probability of a successful long position sharply decreases, and it is recommended to work only from sales. 🔽
Breaking through the lower boundary of the channel 79.57 will indicate an acceleration of the current downtrend. Breaking the mid-term decline and reversing upwards can be discussed if the price rises to the level of 88.96.
Trade active:
⚡️LTCUSDT analytical review⚡️
Mid-term, the instrument is in a downward trend 📉. The current market strength on a scale from zero to one hundred is 45.1. Working from sales 🔽 is recommended.
Locally, there is a trend towards growth, and the instrument is trading above the descending channel with a lower boundary at level 78.85 and an upper boundary at level 85.68. Above this value, speculative purchases are possible.
If the price returns to the channel and consolidates within it, the probability of a successful long position sharply decreases, and it is recommended to work only from sales. 🔽
Breaking through the lower boundary of the channel 78.85 will indicate an acceleration of the current downtrend. Breaking the mid-term decline and reversing upwards can be discussed if the price rises to the level of 88.96.
Mid-term, the instrument is in a downward trend 📉. The current market strength on a scale from zero to one hundred is 45.1. Working from sales 🔽 is recommended.
Locally, there is a trend towards growth, and the instrument is trading above the descending channel with a lower boundary at level 78.85 and an upper boundary at level 85.68. Above this value, speculative purchases are possible.
If the price returns to the channel and consolidates within it, the probability of a successful long position sharply decreases, and it is recommended to work only from sales. 🔽
Breaking through the lower boundary of the channel 78.85 will indicate an acceleration of the current downtrend. Breaking the mid-term decline and reversing upwards can be discussed if the price rises to the level of 88.96.
Trade active:
⚡️LTCUSDT analytical review⚡️
The instrument is in a medium-term uptrend 📈. The current market strength on a scale from zero to one hundred is 90.2. It is recommended to trade from the long side 🔼.
Locally, the instrument is trading above the last uptrend channel, which, despite the high market strength, may indicate local overbought conditions and a high probability of correction towards the upper channel boundary, which is currently at level 96.17. When the price returns to this level, it is possible to open both speculative and medium-term buying positions 🔼. A deeper correction towards the lower boundary of the uptrend channel, which is currently at level 89.3, is also possible. When the price bounces off this level, it is also possible to open long positions 🔼. However, a break below this level and a consolidation below it will break the local uptrend and increase the probability of successful speculative short positions🔽. A medium-term price reversal downwards can be talked about when it drops below the level of 91.97.
The instrument is in a medium-term uptrend 📈. The current market strength on a scale from zero to one hundred is 90.2. It is recommended to trade from the long side 🔼.
Locally, the instrument is trading above the last uptrend channel, which, despite the high market strength, may indicate local overbought conditions and a high probability of correction towards the upper channel boundary, which is currently at level 96.17. When the price returns to this level, it is possible to open both speculative and medium-term buying positions 🔼. A deeper correction towards the lower boundary of the uptrend channel, which is currently at level 89.3, is also possible. When the price bounces off this level, it is also possible to open long positions 🔼. However, a break below this level and a consolidation below it will break the local uptrend and increase the probability of successful speculative short positions🔽. A medium-term price reversal downwards can be talked about when it drops below the level of 91.97.
Trade active:
⚡️LTCUSDT analytical review⚡️
Medium-term, the instrument is in a downward trend 📉. The current market strength on a scale of zero to one hundred is 30.6. Selling 🔽 is recommended.
Locally, there is also a tendency towards decline, as the instrument is trading below the last upward channel, indicating a resumption of medium-term decline. Speculatively, in the current situation, selling 🔽 is also recommended.
A good point for opening a short position will be the lower boundary of the channel, which is currently at 80.93. In case the price returns inside the channel and consolidates above this value, it is possible to make speculative purchases 🔼 with the goal around the upper boundary of the channel, currently at 84.12. A change in the medium-term trend to an upward one can be discussed when the price is fixed above the level of 80.92.
Medium-term, the instrument is in a downward trend 📉. The current market strength on a scale of zero to one hundred is 30.6. Selling 🔽 is recommended.
Locally, there is also a tendency towards decline, as the instrument is trading below the last upward channel, indicating a resumption of medium-term decline. Speculatively, in the current situation, selling 🔽 is also recommended.
A good point for opening a short position will be the lower boundary of the channel, which is currently at 80.93. In case the price returns inside the channel and consolidates above this value, it is possible to make speculative purchases 🔼 with the goal around the upper boundary of the channel, currently at 84.12. A change in the medium-term trend to an upward one can be discussed when the price is fixed above the level of 80.92.
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