Weekly Litecoin Analysis
Hello and greetings to my dear followers,
This is a simple and clear analysis of the weekly Litecoin chart, which effectively highlights excellent buying opportunities. Based on the crypto Market Cap, we have updated and published this analysis.
Chart Overview:
Monthly Liquidity Level: The monthly liquidity is at $61.92.
Buying Zone: The weekly buying zone is at $56.86, where the likelihood of the price reaching these levels is very high.
When the price reaches these areas, we will enter a buying position upon receiving Daily Confirmations. Given the CHoCH (Change of Character) technically on the weekly chart, it is not unreasonable to expect the price to reach these levels to attract the liquidity necessary for a new peak, and this time we could see an exceptional position for this asset!
Position Updates:
I regularly update my selling positions on the 4-hour and daily time frames, and I will republish this analysis in conjunction with these updates.
Risk Disclosure:
This analysis is intended solely for informational purposes and should not be considered financial or investment advice. Trading in financial markets involves risks and may result in the loss of your capital. Therefore, please conduct the necessary research and enter trades with full awareness before making any investment.
Thank you!
Wishing you all the success!
Fereydoon Bahrami
“A retail trader in the Wall Street trading Center (Forex).”