Could we really see $100 soon? Or is it difficult now?
In fact, it is not difficult, but it is very complicated
It is necessary to see the previous analyzes of the LTC currency that I published in order to understand the nature of the current wave and understand that the price is a major correctional wave.
However, the analysis on the four-hour frame may help a little in making the appropriate decision in the short term and achieve benefit from the next movement. In the end, we want to benefit by trading with the hard movement and we do not want to trade against it and we are exposed to psychological pressures that cause us to lose our money in the end
On this chart, I have shown the resistances and supports that are closest and have the most impact on the price
First: We have the support area at the level of $60 and up to the level of $56, so you can buy from it with targets of $78, then a target of $94. I do not prefer to wait for $100
I expect that if we watch this happen, we will be on the verge of a strong decline to make a new bottom near the $47 and $43 area, and this is the bottom that I talked about in the daily frame analysis.
It will be an opportunity to buy at the time with targets of approximately $140
In fact, it is not difficult, but it is very complicated
It is necessary to see the previous analyzes of the LTC currency that I published in order to understand the nature of the current wave and understand that the price is a major correctional wave.
However, the analysis on the four-hour frame may help a little in making the appropriate decision in the short term and achieve benefit from the next movement. In the end, we want to benefit by trading with the hard movement and we do not want to trade against it and we are exposed to psychological pressures that cause us to lose our money in the end
On this chart, I have shown the resistances and supports that are closest and have the most impact on the price
First: We have the support area at the level of $60 and up to the level of $56, so you can buy from it with targets of $78, then a target of $94. I do not prefer to wait for $100
I expect that if we watch this happen, we will be on the verge of a strong decline to make a new bottom near the $47 and $43 area, and this is the bottom that I talked about in the daily frame analysis.
It will be an opportunity to buy at the time with targets of approximately $140
