$LTC
Market Analysis on May 4, 2025: LTC/U (Not an Investment Advice)
1. Litecoin (LTC) 1-Hour Chart Observation
The current LTC price has entered a consolidation pullback after a strong rise, showing a clear pattern of an upward phase + a breakout of the resistance line.
2. Technical and Chan Theory Structural Analysis
1. Upward Phase
• Started a continuous rise from the 83.0 U level, forming a solid driving structure;
• However, the highest point failed to stabilize above 90 U, indicating heavy resistance above;
• The EMA bullish structure is gradually converging, with weakening momentum.
2. Current Situation
• The price has broken below the upward trend support line;
• From the perspective of Chan Theory, the upward phase a has ended, and it may currently be in the early stage of the b downward structure;
• If the price continues to operate below the resistance line, it means “central construction failure + bearish dominance.”
3. Operational Suggestions (Trading Plan in the Chart)
• Entry Point: 86.08 U
• Stop Loss: 86.48 U
• Target Point: 85.41 U to 85.31 U area
• Risk-Reward Ratio: About 2.15
4. Strategy Judgment
Currently at a critical node of “end of the uptrend + horizontal oscillation + if it breaks down, it weakens”;
If the short-term rebound fails to break through the 86.50 U resistance, consider a short-sell strategy on highs;
Conversely, if a strong reversal stabilizes, the establishment of the central zone should be reassessed.