Litecoin Faces Resistance at $92.32 Amid Overbought SignalsFenzoFx—Litecoin is overbought as price nears resistance at $92.32. Stochastic reads 91.0, suggesting an overbought market. If LTC stays below $92.32, a bearish wave may emerge, targeting $88.47 support.
However, a close above $92.32 could trigger a bullish move toward the $100.0 mark, reinforcing the upward trend.
Litecoinanalysis
Litecoin Eyes Breakout Above $88.5 ResistanceFenzoFx—Litecoin climbed from $85.7 and is currently testing resistance at $88.5. The market remains bullish above $84.5, a support backed by the Fair Value Gap.
If bulls manage a close above $88.5, momentum may build toward last week's high at $92.3. However, a drop and stabilization below $84.5 would shift focus to the weekly low at $82.4.
Litecoin Rebounds from FVG with $902.3 in SightFenzoFx—Litecoin is trading just below the $88.6 resistance after bouncing from the bullish fair value gap near $85.5.
If the $88.60 resistance is breached, LTC could aim for the previous week's high at $902.3. Please note that the bullish view remains valid above $82.4.
Bullish Momentum Possible While LTC Holds Above $86.93Litecoin pulled back from $92.32, dipping to a key support at $88.52, backed by Anchored VWAP. Stochastic shows oversold conditions, signaling a potential rebound.
If $88.52 holds, a bullish wave toward $92.32 could follow. The outlook stays positive above $86.93;
Litecoin Encounters Resistance After Sharp RallyLitecoin climbed from $82.4 and is testing the bearish fair value gap at $90.4. With Stochastic showing short-term overbought conditions at 87.0, consolidation is expected.
LTC may retest $89.0 and then dip toward support at $86.9, which aligns with a volume point of interest. The bullish view holds above $82.4; below it, the outlook weakens.
LTC Approaches Support Zone with Breakout PotentialFenzoFx—Litecoin dropped 1.92% after approaching the $89.0 resistance. It now trades near $86.4, a zone aligned with a high-volume node and previous daily low.
Support ranges from $85.9 to $83.2. If LTC stays above $83.2, a bullish breakout above $89.0 may follow. A close below $83.2 invalidates this outlook.
Overbought LTC Faces Pressure at $85.0 BarrierLitecoin is building liquidity near $85.0, a strong resistance backed by volume, with Stochastic at 92.0 indicating short-term overbought conditions.
If LTC dips below $83.86, a bearish wave may follow toward $82.33 and $79.51. Conversely, a close above $87.99 could resume the uptrend toward $88.98.
Litecoin is Oversold—Is a Rebound Coming? FenzoFx—Litecoin swept liquidity below the previous week's low, aligning with the monthly low at $81.01, a strong support zone.
LTC trades near $83.70 with weak bullish sentiment. Stochastic at 11.00 signals an oversold market, suggesting potential consolidation or a rebound.
A bullish wave may emerge if LTC holds above $81.01, targeting $91.92. Closing below this level invalidates the bullish outlook.
Litecoin Hits Key ResistanceFenzoFx—Litecoin took buy-side liquidity at the $91.02 resistance, aligning with monthly highs. A bearish FVG emerged, signaling selling pressure in Tokyo's session. The Stochastic Oscillator at 81.0 suggests a potential bearish wave.
A bearish trend may form if LTC stabilizes below $91.02, targeting $86.77. However, if Litecoin breaks above this level with a bullish engulfing candlestick, the bearish outlook is invalidated.
ICT Strategy Signals Bearish Outlook for LTCFenzoFx—Litecoin consolidates near 87.1 after Saturday’s price action, down 0.09% today. ICT analysis places LTC in the premium pricing area, favoring short positions.
Immediate resistance at 89.36 remains untested, while support lies at 86.61. Traders should wait for LTC to test resistance and watch for bearish signals like candlestick patterns and an inverted Fair Value Gap (FVG). If resistance holds, LTC could break below support, aiming for 85.17.
The bearish outlook remains valid as long as 91.02 holds as resistance.
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Litecoin - Expecting Bearish Continuation In The Short TermM15 - Clean bearish trend with the price creating series of lower highs, lower lows.
No opposite signs.
Expecting further continuation lower until the two Fibonacci resistance zones hold.
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Litecoin’s FVG at $85.8: A Key Pivot the Next LegFenzoFx—Litecoin’s momentum weakened from $91.00 to $87.40, now trading around $87.44 as the London session begins.
Early in the session, LTC took out the Asian session’s low, signaling a liquidity grab. The $87.44 support zone aligns with a bullish Fair Value Gap (FVG) and Monday’s low.
If the FVG holds, LTC/USD could push toward $89.11, the Asian session high, with $90.99 as the next bullish target. However, $90.99 forms a double top, with sell limits and buy stops above—potential liquidity. If $86.00 holds, this could be the next target.
Litecoin Consolidation Nears End—New Downtrend Ahead?FenzoFx—Litecoin's consolidation near $91.0, marking 50% of its previous bearish leg, may be nearing its end as a long-wick bearish candlestick forms on the 4-hour chart.
Key support lies at $88.7, and a close below this level could trigger a downtrend targeting $87.00 and $86.00. The bearish outlook remains intact below $92.39 resistance.
Bearish Pressure Eases—Can Litecoin Recover?FenzoFx—Litecoin remains bearish after breaking below $93.55, though selling pressure eased near $83.0. Currently, LTC/USD is testing the bearish Fair Value Gap at $87.5.
A recovery toward $93.55 is possible if price closes above the $88.0–$90.0 zone, allowing bullish momentum to extend toward $92.00.
However, a dip below $85.0 would invalidate this outlook, with the next bearish target at $81.0.
Litecoin’s Sharp Drop—Will the Downtrend Continue?FenzoFx—Litecoin dropped 6.2% yesterday, marking its largest daily range this week. It failed to hold within the High Volume Node box, and selling pressure in the Asian session pushed the price below weekly support to a new low of $89.3.
Currently, LTC/USD is consolidating near the 61.8% Fibonacci retracement level, a key resistance zone. If this level holds, the downtrend may resume, targeting weekly support levels.
Given that Litecoin has already reached its average daily range, no major moves are expected today.
LTC Consolidates After Taking the Buy Side LiquidityFenzoFx—Litecoin surged to $99.5 in the Tokyo session but failed to hold gains, dropping below $97.85. LTC/USD is now consolidating at $96.60, with sellers gaining control.
Since LTC has already exceeded its daily range, a further pullback is expected. The weekly low zone of $93.50–$93.00 could offer a low-risk buy entry.
The bullish outlook remains intact as long as LTC holds above $93.00, with targets at $96.5 and $97.88 this week.
LTC Approaching Key ResistanceFenzoFx—Litecoin (LTC) gained $2.0, reaching $96.9 and approaching weekly highs. During the London session, it is preparing for the next bullish move, with a potential test of $97.88 in New York to complete its range increase.
However, entering long at this level is risky in the short term. A retest of the FVG area ($94.0–$95.0) may occur in the late New York session before further gains.
As long as LTC holds above $93.1, the bullish trend remains intact, with $97.8 as the immediate target and $104.0 expected later this week.
Litecoin Approaches $104 ResistanceFenzoFx—Litecoin's uptrend from $93.35 continued, reaching $100.00.
Price is now targeting the $103.00–$104.00 resistance zone, where selling pressure may emerge. A pullback to $98.00 is possible if the level holds. Traders should watch for bearish signals during the NY session.
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LTC Holds Key Support, Eyes ResistanceFenzoFx—Litecoin bounced from the $81.80 support level and is currently trading around $84.60, just below the 50-period simple moving average. As long as LTC stays above $81.80, the outlook remains bullish, with potential to retest the $88.50 resistance.
A drop below $81.80 would invalidate the bullish view and could trigger a move toward the $77.40 support.
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