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Technical analysis by Bitgolder about Symbol LTC on 7/20/2025

https://sahmeto.com/message/3654384
Bitgolder
Bitgolder
Rank: 498
3.0
،Technical،Bitgolder

I believe Litecoin Is topping out on the 2 hour. Looks like we may come back down and tap support at around 104 but I wouldn't be surprised a wick hits 100. I have buy orders around 103-106. I am not super confident on a deeper pullback so thats why my buys are there is so i don't miss the dip. Id rather make a little less money than miss a buy in trying to nail the bottom. Litecoin is starting its breakout from a 7 year consolidation and accumulation phase. This should be pretty massive. Litecoin is going to benefit considerably from these new bills that are being signed and many of the favorites in the top 100 will soon disappear! The time for Litecoin to shine as I have been talking about for years is now. I am almost certain that this is that time. My predictions all still hold if you would like to go read them. I was just off on timing. Timing is the hardest thing to predict especially with how wild this planet has been lately. None of this is financial advice its just my opinion.Looks like we will see the dip that I expect. Levels still around 100-104. I dont think itll be down there for long at all. I see a quick V recovery its just a washout for over leveraged longs before the next leg up. 12 Hour RSI about to break the moving average. 6 Hour RSI about to break the channel to the downside.Looks like 12 hour did break the moving average.

Translated from: English
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Signal Type: Neutral
Time Frame:
2 ساعت
Price at Publish Time:
$118.54
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