🔵 #LTC Update #4 – July 10, 2025
LTC was rejected from the fractal resistance left behind during its previous impulsive move. Just below this level lies an imbalance zone, which is likely to be filled first during any correction. If the downtrend continues, price could move toward $88, $87, and $86 levels.
Currently, long positions seem risky. However, a short setup around $91 with a 3% profit target could be an option for risk-takers. I’m personally not opening any trade at this time, but short-term traders may consider it.
On the upside, LTC is still holding above its 200 MA, which is a positive technical indicator. If it manages to hold above $92.30, the next upside target would be around $95.
LTC was rejected from the fractal resistance left behind during its previous impulsive move. Just below this level lies an imbalance zone, which is likely to be filled first during any correction. If the downtrend continues, price could move toward $88, $87, and $86 levels.
Currently, long positions seem risky. However, a short setup around $91 with a 3% profit target could be an option for risk-takers. I’m personally not opening any trade at this time, but short-term traders may consider it.
On the upside, LTC is still holding above its 200 MA, which is a positive technical indicator. If it manages to hold above $92.30, the next upside target would be around $95.
Note
FVG changed as Fractal Resistance.
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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.
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.