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LTCUSDT
Short Entry 54.0800 2026-04-06 01:41 UTC
Target 38.0000 Fail 68.0000
Risk/Reward 1 : 1
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LTCUSDT
Pending
Cryptocurrency
Technical
1H
Analysis Predict Bear Market
Litecoin has broken its major uptrend and is exhibiting bearish characteristics. The price is currently struggling to break above the 0.382 Fibonacci retracement level at $68.72. A rejection from this level, coupled with the breakdown of previous support, suggests a further move down. The predicted target is the 2.618 Fibonacci extension around $38.00, aligning with the 2018 lows. A break above $68.00 would invalidate this bearish outlook.
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