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Score
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Correct
LTCUSDT
Short Entry 86.3700 2025-12-09 19:49 UTC
Target 71.8900 In 1 Months Fail 93.0000
Risk/Reward 1 : 2
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Final PnL
16.77%
P/L:
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LTCUSDT
Correct
Cryptocurrency
Technical
1H
Analysis Predict Bear Market
Litecoin (LTC) is currently in a bearish downtrend in the medium term, showing rejection from the 0.382 Fibonacci retracement level. The price is approaching a key support zone between $71.89 and $66.50. A break below this zone, specifically below $50, would signal a significant further downtrend. Conversely, a break above the $85.51 level and subsequent consolidation could lead to a move upwards towards the $110-$115 resistance zone, potentially signaling a shift to a bullish trend.
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