Currently, Litecoin is encountering formidable resistance at the $114 threshold, which has proven to be a critical barrier to upward momentum. Beyond this level, additional resistance can be observed at $140, suggesting a challenging climb for any bullish movements. On the downside, significant support is established within the $96 to $97 range, providing a safety net for potential dips.
In terms of strategy, we might consider initiating a long position if the price convincingly breaks above the $114 resistance level and sustains its position there for a reasonable duration. This confirmation would indicate a possible bullish trend. Conversely, should the price decline below the $96-$97 support zone, it may warrant a reevaluation, potentially leading to the initiation of a short position as this could signal bearish sentiment taking hold in the market.
In terms of strategy, we might consider initiating a long position if the price convincingly breaks above the $114 resistance level and sustains its position there for a reasonable duration. This confirmation would indicate a possible bullish trend. Conversely, should the price decline below the $96-$97 support zone, it may warrant a reevaluation, potentially leading to the initiation of a short position as this could signal bearish sentiment taking hold in the market.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.