LTCUSDT | Daily Chart Analysis | Bullish Structure UnfoldingLTCUSDT | Daily Chart Analysis | Bullish Structure Unfolding
🔍 Let’s break down LTC/USDT’s technical setup, focusing on volume, Elliot Wave structure, and key target levels for this bullish scenario. If you're following this channel, be sure to react and let us know your thoughts on the roadmap!
⏳ Daily Overview
LTCUSDT is moving within a defined ascending channel, supported by increasing bullish momentum and clear Elliot Wave progression. The recent wave count points to a textbook impulse, setting up the next key move.
🔺 Long Setup:
The market has completed Waves (1) through (4), and we’re now looking at the development of Wave (5) to the upside.
- Wave (5) Target Zones:
- $130.00
- $144.44
These are the next resistance levels based on previous highs and channel dynamics.
- Key support to watch:
- $105.30 — this zone may act as a springboard for the next rally if tested.
📊 Key Highlights:
- Volume has shown a clear bullish divergence as price advances, signaling growing interest and strength heading into Wave (5).
- The bullish channel remains intact, and each dip has been met with higher lows, confirming the ongoing uptrend.
- Elliot Wave structure suggests further upside, with the $130.00 and $144.44 levels as potential targets.
🚨 Conclusion:
LTC bulls should keep an eye on price action as it approaches support at $105.30 — a bounce here could ignite the next leg higher toward our target zones. Reaction from the channel community will be crucial as Wave (5) unfolds. Show your support with a reaction below if you’re riding this wave!
