LTCUSDT | Long Bias | Major Support + Spot Buy Interest | (May 12, 2025)
1️⃣ Short Insight Summary:
Litecoin has been in a long downtrend since 2021, but price action is now approaching a major historical support zone. Spot buyers are stepping in, and this could set up for a strong bounce if confirmed.
2️⃣ Trade Parameters:
Bias: Long
Entry: Around $90–$92 (support zone near the bottom of the parallel channel)
Stop Loss: Below $90 or structure invalidation
TP1: $125
TP2: $144
Final TP: $181–$267 (for optimistic scenario)
Partial Exits: Recommended at each target level
3️⃣ Key Notes:
✅ Price is at the lowest levels seen since the major drop, with spot interest building up—potential signal for a bottoming move.
✅ We're currently moving within a parallel channel, and the lower band is acting as strong support.
✅ 12-hour chart shows the most relevant structure, and volume shows early signs of potential accumulation.
❌ Confirmation is still needed—watch for strong bullish reaction or high-volume push to validate the entry.
4️⃣ Optional Follow-up Note:
Will be watching closely to see if the $90–92 zone holds and shows strength. Plan is to enter long there and manage risk through partial take-profits.
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Disclaimer: This is not financial advice. Always conduct your own research. This content may include enhancements made using AI.
1️⃣ Short Insight Summary:
Litecoin has been in a long downtrend since 2021, but price action is now approaching a major historical support zone. Spot buyers are stepping in, and this could set up for a strong bounce if confirmed.
2️⃣ Trade Parameters:
Bias: Long
Entry: Around $90–$92 (support zone near the bottom of the parallel channel)
Stop Loss: Below $90 or structure invalidation
TP1: $125
TP2: $144
Final TP: $181–$267 (for optimistic scenario)
Partial Exits: Recommended at each target level
3️⃣ Key Notes:
✅ Price is at the lowest levels seen since the major drop, with spot interest building up—potential signal for a bottoming move.
✅ We're currently moving within a parallel channel, and the lower band is acting as strong support.
✅ 12-hour chart shows the most relevant structure, and volume shows early signs of potential accumulation.
❌ Confirmation is still needed—watch for strong bullish reaction or high-volume push to validate the entry.
4️⃣ Optional Follow-up Note:
Will be watching closely to see if the $90–92 zone holds and shows strength. Plan is to enter long there and manage risk through partial take-profits.
Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible.
Disclaimer: This is not financial advice. Always conduct your own research. This content may include enhancements made using AI.
2 Ways I Help Serious Traders Win | Real Trades. Ruthless Edge.
1️⃣ Fix Your Trading Fast – My 4-step:
tradinggen.services/mohamad-link/
2️⃣ Get My Weekly Recap and Setup Drops here:
t.me/TradeSimple_with_Mo
P.S. Mentor MO❤️
1️⃣ Fix Your Trading Fast – My 4-step:
tradinggen.services/mohamad-link/
2️⃣ Get My Weekly Recap and Setup Drops here:
t.me/TradeSimple_with_Mo
P.S. Mentor MO❤️
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.
2 Ways I Help Serious Traders Win | Real Trades. Ruthless Edge.
1️⃣ Fix Your Trading Fast – My 4-step:
tradinggen.services/mohamad-link/
2️⃣ Get My Weekly Recap and Setup Drops here:
t.me/TradeSimple_with_Mo
P.S. Mentor MO❤️
1️⃣ Fix Your Trading Fast – My 4-step:
tradinggen.services/mohamad-link/
2️⃣ Get My Weekly Recap and Setup Drops here:
t.me/TradeSimple_with_Mo
P.S. Mentor MO❤️
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.