Golden opportunity on Litecoin ($LTC ) - Are you ready for a new price explosion?!
Professional technical analysis - on a 12-hour timeframe - LTC/USDT
Current situation:
Current price: $87.57
Percentage change: +1.47%
Highest price in 24 hours: $87.76
Lowest price in 24 hours: $84.92
Technical analysis:
Key indicators:
RSI (6): 55.29 Neutral positive, has not reached overbought territory yet.
Bollinger Bands: The band has started to expand after a contraction, an early signal of a potential strong movement soon.
MACD: Positive crossover looming, momentum is gradually improving.
The recent candles show a positive reversal from support at $81.30, with the price returning above the moving averages (10) and (5), reinforcing the upward trend.
Entry opportunity:
Ideal entry point: $87.3 - $87.6
First target: $92.90 (upper Bollinger)
Second target: $98.00 (previous resistance)
Stop loss: Close of a 12-hour candle below $83.20
Important notes:
The price is currently in an "Accumulation" phase, and it seems ready for an upward breakout supported by momentum indicators.
Not breaking the support at $83 will enhance confidence in the rise.
Are you ready for the next explosion? Don't miss the opportunity!