Technical analysis by KIRA-LFH about Symbol LTC: Buy recommendation (1/4/2025)

KIRA-LFH

I just jumped into a **long trade on LTC**, and I thought, why not share it with you guys? Maybe we can all ride this wave together! 🚀 I based my move on a **strategy involving price channels**. The price was sliding down within a descending channel, but then—**boom**—a breakout occurred, forming an ascending channel at the same time. Perfect setup! Targets are clearly marked on the chart. 🎯 As for my **stop loss**, I’ve placed it just below the big red channel, You could place your stop loss below the blue ascending channel, but I wouldn’t recommend it—it’s too prone to price manipulation. Below the red channel’s edge? Much safer, much smarter. Trade smart, have fun, and enjoy the ride, folks! Happy trading! ⚡ LTCUSDT LTCUSD LTCUSD LTCUSDT