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

https://sahmeto.com/message/3692061
FenzoFxBroker
FenzoFxBroker
Rank: 197
3.2
Sell،Technical،FenzoFxBroker

FenzoFx—Litecoin remains in a bullish channel, with the current wave originating from the order block at $115.2. LTC now trades around $121.7. Yesterday, it swept liquidity above the $124.2 resistance, signaling a potential shift toward bearish pressure. If momentum fades, price may revisit the $115.2 support zone. However, if LTC/USD closes above $124.2, this bearish outlook is invalidated. In that case, the next target is the order block with resistance at $129.1.

Translated from: English
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Signal Type: Sell
Time Frame:
1 ساعت و 5 دقیقه
Price at Publish Time:
$121.72
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