LTCUSD - Weekly forecast, Technical Analysis & Trading Ideas
2025-02-10
Category: None

Midterm forecast: 
 
 While the price is above the support 89.65, resumption of uptrend is expected.
 We make sure when the resistance at 147.05 breaks.
 If the support at 89.65 is broken, the short-term forecast -resumption of uptrend- will be invalid.
 We will close our open trades, if the Midterm level 89.65 is broken.
 
 Technical analysis: 
 
 A trough is formed in daily chart at 80.05 on 02/03/2025, so more gains to resistance(s) 117.47, 125.06, 133.99 and maximum to Major Resistance (147.05) is expected.
 
 Take Profits: 
 
 117.47
 125.06
 133.99
 147.05
 167.24
 189.79
 232.63
 281.63
 334.75
 388.93
 413.50
 

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