Technical analysis by SiDec about Symbol LTC: Buy recommendation (8/5/2025)

LTC is gaining serious momentum, breaking through key resistance levels and printing a clean Adam & Eve bullish reversal pattern. The breakout signals a potential shift in the macro trend — and the chart is offering clear setups. ✅ Breakout Through $100 & Pattern Confirmation LTC confirmed the Adam & Eve double bottom with a breakout above $100, a major psychological resistance. The neckline retest around $105 acted as a Market Structure Shift (MSS) confirmation, with upside wicks signaling strong demand and a reversal. $100–$105 Support Zone: Stacked Confluence This zone offered a high-probability long setup due to multiple overlapping technical factors: Yearly Open (via DriftLine - Pivot Open Zones [SiDec]): $103.28 0.382 Fib Retracement: $104.67 (from $76.17 low to $122.29 high) Anchored VWAP from the $76.17 low POC of 1-Year Trading Range: ~$102 233 EMA & SMA (4H TF): Both moving averages aligned between $103–$100, acting as dynamic support ✍️ A clean, high-confluence demand zone between $100–$105 — ideal for long setups. Upside Structure & Next Long Opportunity ➡️ Current Price: ~$127 A fresh long setup may present itself around $120 on a pullback ➡️ Pattern Target: $150 🌀 1.0 TBFE: $149.28 🌀 1.618 TBFE: $147.31 🔺 Key Swing High / Liquidity Pool (BSL): $147–$150 — an area to watch for possible rejection 🔴 Short Setup Consideration ➡️ Short zone: $147–$151 Only short on clear confirmation: SFPs, rejections, or bearish order flow ➡️ Downside target: $135 (1:2 R:R potential) Macro Bullish Target: $198–$200 If LTC breaks and holds above $150, the next macro target becomes: 🌀 0.618 Fib Retracement (from $295.7 high to $40.3 low): $198.14 $200 Psychological Resistance: Major round number, likely to act as magnet and profit-taking zone 🛠 Indicators Used: DriftLine — Pivot Open Zones [SiDec] ↳ For key levels like the Yearly Open, crucial in confluence stacking 📚 Educational Insight: Understanding the Adam & Eve Pattern The Adam & Eve pattern is a classic bullish reversal formation that often marks the end of a downtrend or a major correction phase. Adam forms first: a sharp, V-shaped low — often panic-driven or capitulation. Eve follows: a rounded, more gradual bottom, showing accumulation and stabilisation. Once price breaks above the neckline, the pattern is considered confirmed. A retest of the neckline (like LTC at ~$105) is often the best entry point, especially when supported by confluence like Fib levels, VWAP, or key levels. In LTC’s case, the breakout above $100 and successful retest at $100–$105 validates the pattern — with a measured move pointing toward $150, and a macro Fib target at $198.14 aligning with the $200 psychological level. Summary: With a confirmed breakout, strong technical confluence, and clearly defined targets, LTC is setting up for continuation. Watch $120 for long entries and monitor $150 for potential rejection. _________________________________ 💬 If you found this helpful, drop a like and comment!🚨 LTC Update — Rejected at Key Fib, Long Setup Reloading 🔴 LTC just got a clean rejection off the 0.786 Fib retracement at $129.09, aligning with a key level at $128.09, the last major resistance. ➡️ This rejection came right after completing 5 clean Elliott Waves, giving a low-risk short opportunity and price is now down ~10%. 🟢 Long Setup Reload Zone The Adam & Eve pattern is still intact, and LTC is pulling back into a high-confluence support area: ➡️ bpwOpen: $116.59 ➡️ 0.618 Fib Retracement: $113.09 (of the $103 → $129 move) ➡️ POC of the 18-day range: $113.50 ➡️ Fair Value Gaps (Imbalances): In this zone ➡️ Anchored VWAP from $103 low: ~$115.10 ➡️ 233 EMA/SMA 1H TF: $113-$111.5 🔻 SL idea: Below the weekly open, currently sitting under $110 🔹 Long entry zone: $116.59–$113 🔹 Best R:R spot: Around $113.50–$113 🔼 Target Still looking for the move toward the key swing high at $147, where liquidity (BSL) sits.anchored VWAP +2% bounce