$LTC 📈 LTC/USDT — Strong Uptrend with Short-Term Euphoria and Active Technical Resistance Region
Main Trend
H4: Consolidated uptrend, +4.20%, with a sequence of strong candles and ascending peaks —
M15: Lateral consolidation after peak at $87.26, with slight pullback in strength and undefined candles —
Sentiment 🟡 Sustained Technical Uptrend, but with Excessive Optimism —
LTC/USDT advances to $86.78 with strong intraday performance, testing immediate resistance at $87.26. Despite the clear uptrend structure, indicators point to a zone of technical exhaustion. Volume is still consistent, but there are signs of short-term deceleration.
Resistances
$87.26
$88.90
$91.00
Supports
$84.66
$82.89
$81.36
⸻
RSI
H4: 81.73 — Clear technical overbought, no divergence yet
M15: 58.09 — Slight drop in momentum, but no reversal
⸻
MACD
H4: +0.19 — Strong upward momentum, but beginning to flatten
M15: Neutral to negative — short-term divergence forming
⸻
Williams %R
H4: -7.40 — Extremely overbought
M15: -30.11 — Slight improvement, but still vulnerable to reversal
⸻
Stochastic RSI
H4: 98.20 — Saturated, signals possible correction
M15: 54.79 — Trying for new momentum, but without clear volume
⸻
Volume
H4: Gradual and healthy increase, supporting the rally
M15: Stable, but lower in the last candles — sign of local indecision
⸻
Buy
Aggressive entries are now risky. The ideal is to wait for a pullback to the region between $84.60–$85.00 with a confirmation candle and resumption of volume.
Sell
Current region is an important resistance — ideal for partial profit-taking. RSI and Stoch RSI alert to the risk of a slight correction.
Scalping
Moderately positive scenario, but requires attention to false breakouts and reduced volume.
Final Conclusion:
The chart remains bullish with strong technical fundamentals, but indicators show increasing saturation. If the resistance of $87.26 is not broken with volume, there is a real chance of a pullback to $84.60 even today.