LTC/USDT - Swing Position
Date: 06/12/24
Name: LTC/USDT
Market cap
10.41B
4.92%
Volume (24h)
2.93B
53.12%
FDV
11.58B
Vol/Mkt Cap (24h)
28.28%
Total supply
84M LTC
Max. supply
84M LTC
Circulating supply
75.27M LTC
Daily Time Frame – Swing Position – Long!
Reasons to be Bullish Case:
1) Structure: Market Structure shift
2) Current phase: Strong Bullish momentum, Trending upwards
3) Overall trend: Continuation of Bull Trend.
(4) Internal: Structure Shift towards upside, no pullbacks yet, sky rocketing
(5) Important Key notes: .
- 978 days consolidation break out,
- Currently holding Previous resistance as its support and key level on Daily Time frame range.
Worst case Senerios:
4) Bitcoin is currently at All time high, liquidation flush remaining (75k – 80k)
5) Due to liquidity generated and Demand zone sitting below.
6) if $11.4.26 is not hold, then we can see further buying opportunities on marked point of interests.
7) Invalidation below $82.71
Trade Plans:
BUY CMP: $138
DCA: $102 - $89
Invalidation: $82.71
Trend Based Fibionacci Targets:
Target 1: $ 424.82
Target 2: $ 663.24
Target 3: $ 810.61
Target 4: $ 1049
**This is not a financial advice, these are my personal trade journals, Do your own research before taking any action. **
Name: LTC/USDT
Market cap
10.41B
4.92%
Volume (24h)
2.93B
53.12%
FDV
11.58B
Vol/Mkt Cap (24h)
28.28%
Total supply
84M LTC
Max. supply
84M LTC
Circulating supply
75.27M LTC
Daily Time Frame – Swing Position – Long!
Reasons to be Bullish Case:
1) Structure: Market Structure shift
2) Current phase: Strong Bullish momentum, Trending upwards
3) Overall trend: Continuation of Bull Trend.
(4) Internal: Structure Shift towards upside, no pullbacks yet, sky rocketing
(5) Important Key notes: .
- 978 days consolidation break out,
- Currently holding Previous resistance as its support and key level on Daily Time frame range.
Worst case Senerios:
4) Bitcoin is currently at All time high, liquidation flush remaining (75k – 80k)
5) Due to liquidity generated and Demand zone sitting below.
6) if $11.4.26 is not hold, then we can see further buying opportunities on marked point of interests.
7) Invalidation below $82.71
Trade Plans:
BUY CMP: $138
DCA: $102 - $89
Invalidation: $82.71
Trend Based Fibionacci Targets:
Target 1: $ 424.82
Target 2: $ 663.24
Target 3: $ 810.61
Target 4: $ 1049
**This is not a financial advice, these are my personal trade journals, Do your own research before taking any action. **
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.