@ImpossibleAnalysis

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Avg. Quality

69

Success Rate

19.87

Analysis

302
Correct
60
Fail
195
Pending
47
Ineffective
0
Total Quality
Score
If You Had Traded on This Analysis…
Correct
LTCUSDT
Short Entry 96.5200 2025-11-16 18:30 UTC
Target 91.0000 In 1 Days Fail 113.9400
Risk/Reward 1 : 0
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Final PnL
5.72%
P/L:
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LTCUSDT
Correct
Cryptocurrency
Technical
1H
Analysis Predict Bear Market
The analysis examines Litecoin (LTCUSD) after a small upward wick met seller resistance. A Fibonacci retracement from the high before a crash to a confirmed low shows rejection at the 0.618 retracement level. This suggests a short-term bearish outlook below $109. A bounce off $91, the 0.618 retracement from a smaller low to a smaller high, is viewed as a potential buying opportunity for a short-term upside. Breaking below $91 signals a deeper fall, potentially to $70, while breaching $70 suggests a drop to $40 as the macro top is in. Should Litecoin hold support and surpass $110, a rally to macro resistance at $130 is plausible, potentially reaching $170.
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