$LTC
Litecoin $LTC (LTC/USDT) – Daily Frame
Current Price: $87.47
Highest Price in 24 Hours: $89.51
Lowest Price in 24 Hours: $84.65
RSI Indicator (6): 60.58 → In the positive neutral zone (signal for potential rise).
Moving Averages:
EMA(7) = 86.31 (price is above) → Positive
EMA(25) = 84.02 (price is above) → Positive
EMA(99) = 92.02 (price is below) → Hasn't broken the long-term resistance yet
Entry:
Enter upon confirmation of the candle above $87.50 (close of hourly or 4-hour candle).
Target:
First Target: $91.50 (close to EMA99 resistance)
Second Target: $96.00 (previous peak on the chart)
Stop Loss:
Safe Stop Loss: $84.00 (below EMA25 and recent support areas)
Supporting Indicators:
RSI = 60.58 in an upward direction, has not entered overbought territory yet.
Good momentum on the recent candles with high trading volumes.