#bybit被盗 #$LTC

【LTC/USDT Price Trend Analysis】

1. K-Line Pattern:

- The most recent K-line shows that the price has retreated from a high level, forming a short-term downtrend.

- The daily chart has some long upper shadows, indicating strong selling pressure above.

2. Technical Indicators:

- MACD: The MACD on the hourly level is below the zero axis, with both DIF and DEA being negative, indicating that bearish forces are dominant, but there are signs of convergence.

- RSI: The RSI hovers around 40, not entering the oversold zone, indicating that market sentiment is weak but not extreme yet.

- EMA: The current price is below EMA7, EMA30, and EMA120, showing that short-term, medium-term, and long-term moving averages are all in a bearish arrangement, with an overall bearish trend.

3. Trading Volume:

- Hourly trading volume has increased, especially during periods of intense price fluctuations, indicating heightened market activity.

- Daily trading volume has gradually decreased after recent highs, indicating growing wait-and-see sentiment from both bulls and bears.

【Buy and Sell Levels】

- Buy Point One: 122 USDT (near the previous low point, integer support)

- Buy Point Two: 120 USDT (further probing into a stronger support area, close to the opening price on February 18)

- Long Stop Loss Point: 118 USDT (an important psychological level after breaking below Buy Point Two)

- Sell Point One: 130 USDT (a resistance level between EMA7 and EMA30, integer level)

- Sell Point Two: 132 USDT (near the previous high point, with significant selling pressure)

- Short Stop Loss Point: 134 USDT (may form a new upward trend after breaking above Sell Point Two)

LTC's 1-hour price trend: Down

Analysis derived by Jieshen, not constituting investment advice, for reference only.