Litecoin at a Crossroads: Re-Test Before The Crossover?

On the LTC/USDT hourly chart, Litecoin is approaching a potential re-test point after a significant breakout of structure (from sideways tunnel). The area just above where the current price is hovering is labeled as a 'Liquidation Zone,' suggesting it's a key level where many stop-losses may be placed.

As we approach this zone, the plan is to observe the market's reaction. We are going to see most likely a nice re-test to that same lower zones before any significant movement here so we are going to wait for price to reach that re-test zone and see how it is going to reach that same zone

Swallow Team

ความคิดเห็น:

Had a nice touch to our anticipated support zone and a bounce from here!

ความคิดเห็น:

As long as we are below these liquidity zones, we are looking here for a potential short position! If we see this zone being broken, the long would be more reasonable!

ปิดการเทรด: ถึงเป้าหมายการตัดขาดทุน:

What a lovely leg we got here!