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Technical analysis by KlejdiCuni about Symbol LTC: Sell recommendation (8/6/2025)

https://sahmeto.com/message/3689571
KlejdiCuni
KlejdiCuni
Rank: 13917
1.4
Sell،Technical،KlejdiCuni

Litecoin’s Bearish Signal: LTC dropped nearly 10%. Litecoin formed a bearish harmonic pattern on the daily chart, completing near 129.20. This setup hints at a potential deeper correction or bearish wave—though that still needs confirmation. Right after the pattern completed, price showed a strong rejection from the completion zone, adding weight to the bearish scenario. Within 24 hours, LTC dropped nearly 10%. I’m expecting a minimum pullback to 105.50. If the correction follows its natural path, price could revisit the previous key support zone near 89. You may find more details in the chart! Thank you and Good Luck! PS: Please support with a like or comment if you find this analysis useful for your trading day

Translated from: English
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Signal Type: Sell
Time Frame:
1 day
Price at Publish Time:
$116.54
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