LTC/USDT: at important resistance

27 Mac

Until the price closes below 100, the current trend structure suggests a one more leg down toward the 76–70 macro support zone.



However, if the price successfully clears the 100 resistance level - rising and closing above it with strong volume - the odds will shift in favor of a correction ending and the potential start of a new uptrend toward the 210–270 macro resistance zone.

Macro-structure:



Thank you for your attention!

28 Mac

Dagangan aktif

Stopes are at BE. Planning to trim some if price reclaims 21ema on 1h chart and VWAP



Structurally, until price is closing bellow yesterdays LOD, the proposed structure is valid and assumes lower targets toward 75-70 support region.

31 Mac

Nota

Partially trimming profits in LTC shorts and moving stops to slightly above 1h 65 ema / prior lower lows

3 Apr

Nota

Adding to the core position with moving stops above yesterdays HOD

5 Apr

Nota

Trimming some overweight portion and moving stops



Not certain on the micro-structure, but Daily ideal targets remain at 75-70 support zone. Although, I cannot rule out brief undercut of Feb 3 low and reversal to 21 ema or even the end of the mid-term correction Dec'24 highs.

7 Apr

Dagangan ditutup: sasaran tercapai

Fully covered my core and adds on

15 min covering:


Suggested structure could be considered fulfilled. Although, until price is holding bellow today's high, there is a micro potential for one more push to 60 levels

Weekly: