LTC: big reward📊 Analysis by AhmadArz:
1. Support and Resistance Levels:**
- Support:** Around $82.80.
- Resistance:** Approximately $88.00 and $96.82.
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2. Trend Channels:**
- Currently, the price is moving within a horizontal range and appears to be awaiting a breakout.
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3. Trading Strategy:**
- Buy Zone:** Enter buy positions if the price breaks and surpasses the $84.15 level.
- Target Price (TP):**
- TP-1:** $96.82
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-Stop loss: 82.80
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4. Overall Trend:**
- The current trend is in consolidation. If the price can break the $88.00 resistance level, it is likely to move towards the higher target price.
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In summary, consider entering buy trades if the price breaks the $88.00 resistance level and aim for the target price of $96.82.
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