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Technical analysis by Captain-MAO about Symbol LTC: Buy recommendation (8/4/2025)

https://sahmeto.com/message/3684200
Captain-MAO
Captain-MAO
Rank: 54
3.9
Buy،Technical،Captain-MAO

Litecoin (LTC) has spent the last three years forming a textbook accumulation pattern, specifically a classic horizontal box range, with key support around the $100 zone acting as a historical floor. This level has held through multiple bearish cycles, showing strong buyer defence and accumulation interest from long-term holders and institutions. After a prolonged consolidation, bullish momentum is emerging, as evidenced by: Breakouts above mid-range resistances with volume Successful retests of the $100 level confirming it as solid support Emergence of higher lows and bullish structure on the weekly chart

Translated from: English
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Signal Type: Buy
Time Frame:
1 day
Price at Publish Time:
$118.67
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