Setup:
• Current price: 133.41 USDT
• Key OB: 129.40-130.50
• Major resistance: 138.50 (supply zone)
• Critical invalidation: 128.40
Market structure suggesting distribution phase completion with decreasing volatility. FVG + institutional order flow convergence at OB level indicates strong accumulation potential.
Entry strategy:
Scale in 129.40-130.50
Targets: 136 → 138.50 → 142
SL: Sub 128.40
Watch for:
- Volume confirmation
- BTC correlation
- Liquidity pool depth
Risk what you can afford to lose. Not financial advice.
#LTC #Crypto #TechnicalAnalysis #CryptoPlaysByJay
Like & follow me on X JayMoe707 for more high-conviction setups! 🎯
Note
Rejected off the fib .786 idea still in play 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.
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.