$LTC

The price is moving in an interesting context following a bearish breakout of the range from February 25 to March 4, the price broke the bearish channel with an accumulation range in which it has moved until today, reflecting two support catalysts and a bullish breakout in the middle of the period. Additionally, the price is breaking dynamic resistance at the EMA 200, so I can infer that a breakout may occur at the resistance level of $113, which could lead us back to the resistance zone between $128.20 and $135.67, but not without first retesting the zone of $97.49 - $94.37. Of course, we must not forget that the market has moved with a strong bearish trend this week. Evaluate your risks, analyze the market, and make your own decisions.