Posts
avatar

$LTC /USDT

**Signal: BULLISH BIAS, but wait for a pullback. Don't chase at 60.22.**


**What the chart shows (15m):**

- Strong reversal from the 58.16 low, with higher highs and higher lows up to 61.06.

- The 61.06 spike has a long upper wick and was rejected right away.

- The last two candles are red, so the short-term move is a pullback.

- It's +5.2% on the day, which is a mild extension compared to your other charts.


**Levels to watch:**

- Resistance: 61.06 (24h high), then ~61.5 on a breakout

- Support: ~60.10 (the gridline price is sitting on), then ~59.5 (where the last impulse started), then 59.08, then 58.16


**Scenarios:**

- 🟢 **Pullback long:** price dips to ~59.5 to 60.1 and holds with a green 15m candle. A stop under ~59.0 keeps the risk tight, and the target is a retest of 61.06.

- 🟢 **Breakout long:** a 15m close above ~61.1 with strong volume. Target is the ~62 to 62.5 area, and the stop goes below the breakout candle.

- 🔴 **Bearish:** a 15m close below ~59.5 breaks the higher-low structure, and 58.16 becomes the next area.

- ⚪ **Right now:** two red candles after a rejection means momentum is fading short term. There's no confirmation yet, so I'd wait.


**Caveats:** I can't see volume, RSI or MACD in this screenshot. The SEC/Grayscale ETF headline could drive sharp, news-based moves in either direction, so keep stops in place. Check the 1h trend too, and size small.


I'm not a financial advisor, and this is chart reading, not a guarantee. It's your call.

#Wall Street Sees $1 Trillion in T-Bill Issuance # ZetaChain Approves L1 Shutdown: ZETA Token Will Convert 1:1 to Solana SPL #Fed rate hike impact


This content is for informational and educational purposes only. It may include third-party insights, sponsored content, or promotional material for which the creator may receive compensation. Nothing in this feed constitutes investment advice or a guarantee of returns. You are solely responsible for your own investment decisions. Always conduct your own research and exercise caution before trading. We do not guarantee the accuracy of third-party information and are not liable for any losses incurred. Past performance is not indicative of future results. Please refer to our Community Terms and Risk Disclosure Statement for details.

avatarPost your reply

Comment