FenzoFx—Litecoin took buy-side liquidity at the $91.02 resistance, aligning with monthly highs. A bearish FVG emerged, signaling selling pressure in Tokyo's session. The Stochastic Oscillator at 81.0 suggests a potential bearish wave.
A bearish trend may form if LTC stabilizes below $91.02, targeting $86.77. However, if Litecoin breaks above this level with a bullish engulfing candlestick, the bearish outlook is invalidated.
A bearish trend may form if LTC stabilizes below $91.02, targeting $86.77. However, if Litecoin breaks above this level with a bullish engulfing candlestick, the bearish outlook is invalidated.
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Knowledge Should Be Free – And So Is Your Path to Trading Success.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.