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📊 Analysis #LTC by HeatMap + RSI
1️⃣ Liquidation HeatMap – shows clusters of orders where the price is likely to be attracted (liquidation levels above and below).
2️⃣ RSI on different time frames – reflects short- and medium-term trend strength and overbought/oversold levels.
1. Price forecast
Short-term (1–2 days):
Price is currently in the zone ~$106.3, RSI 1H = 51 (neutral), RSI 4H = 54 (slightly bullish), RSI 12H = 45.6 and 24H = 42.1 (medium-term — weakness).
➡️ A bounce to the $108–110 area is possible, but resistance is strong. If it doesn't hold — movement down to $104–102.
Medium-term (1–2 weeks):
RSI on 12H and 24H shows weakness → risk of going lower. More likely to test the lower liquidation zones $104 → $102 → $101.
2. Support and resistance levels
Support: $106.0 / $104.0 / $102.0 / $101.0
Resistance: $108.0 / $110.0 / $111.0
👉 The trading strategy was created using ChatGPT (analysis of the liquidation map + RSI)