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Technical analysis by ArShevelev about Symbol LTC on 5/13/2025

https://sahmeto.com/message/3511293
ArShevelev
ArShevelev
Rank: 26385
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،Technical،ArShevelev

Litecoin is gearing up for a big move on the 1-hour chart!We’ve got a textbook Symmetrical Triangle forming, with LTCUSDT squeezing tighter and tighter between converging trendlines. The price is now approaching the upper resistance of the triangle around $104. This setup is screaming breakout potential!If LTC clears the triangle’s resistance, we could see a strong push toward the $111.01 target — a key resistance level to watch. On the flip side, if it fails to break out, the $92.16 level (now potential support) will be critical to hold. Volatility is coming, and I’m ready for it — are you? Let’s see if Litecoin can spark a rally!Key Levels to Watch:Support: $92.16 (previous resistance, now support)Resistance: $104 (triangle upper boundary)Target: $111.01 and $125 (next major resistances)What’s your take, traders? Are we breaking out or pulling back? Drop your thoughts below!

Translated from: English
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Signal Type: Neutral
Time Frame:
1 hour
Price at Publish Time:
$102.9
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