LitecoinUpdated LTC’s Next Move: Bullish Breakout or Bearish Dip?
LTC is currently at a decisive point, showing signs of bullish momentum — but the next move will depend on how the price reacts to key levels in the coming days.
After breaking through the POC (Point of Control) — one of the strongest resistance levels based on the Volume Profile — the price is now at a critical point where both bullish continuation or a deeper retracement are possible.
📌 What’s Happening Right Now?
The POC around $128-$129 was acting as a strong resistance level during the previous consolidations. Now that we have broken above this area, it could flip into support if we see a clean retest.
Additionally, there is a dashed trendline supporting the structure by forming higher lows, showing that bulls are still in control.
However, if the market fails to hold the POC, a deeper retracement towards the FVG (Fair Value Gap) zone around $115-$120 could play out. This zone is a strong demand area and could offer the next buying opportunity.
🟢 Bullish Scenario:
If the price manages to retest the POC successfully or finds support again at the dashed trendline, we could see a continuation to the upside.
The first key confirmation would be a break above the resistance level at $134-$136 — an area where the market has been rejected several times.
Once this level is cleared, the next bullish targets could lie around $146-$150, potentially forming a new bullish structure with higher highs.
🔴 Bearish Scenario:
If the price doesn't hold the POC and breaks below the trendline, we could see a move back towards the blue FVG imbalance zone between $115-$120. This would likely act as a strong support area where buyers could step in again.
A clean break below this zone would invalidate the bullish structure and open the door for deeper downside.
🔍 What to Watch for Confirmation:
What Do You Think? 🤔
Will LTC hold the POC and make the next bullish leg — or are we heading back to the imbalance zone for one last liquidity sweep?
Drop your opinion in the comments 💬👇 and make sure to follow for more detailed setups every day! 🚨
After breaking through the POC (Point of Control) — one of the strongest resistance levels based on the Volume Profile — the price is now at a critical point where both bullish continuation or a deeper retracement are possible.
📌 What’s Happening Right Now?
The POC around $128-$129 was acting as a strong resistance level during the previous consolidations. Now that we have broken above this area, it could flip into support if we see a clean retest.
Additionally, there is a dashed trendline supporting the structure by forming higher lows, showing that bulls are still in control.
However, if the market fails to hold the POC, a deeper retracement towards the FVG (Fair Value Gap) zone around $115-$120 could play out. This zone is a strong demand area and could offer the next buying opportunity.
🟢 Bullish Scenario:
If the price manages to retest the POC successfully or finds support again at the dashed trendline, we could see a continuation to the upside.
The first key confirmation would be a break above the resistance level at $134-$136 — an area where the market has been rejected several times.
Once this level is cleared, the next bullish targets could lie around $146-$150, potentially forming a new bullish structure with higher highs.
🔴 Bearish Scenario:
If the price doesn't hold the POC and breaks below the trendline, we could see a move back towards the blue FVG imbalance zone between $115-$120. This would likely act as a strong support area where buyers could step in again.
A clean break below this zone would invalidate the bullish structure and open the door for deeper downside.
🔍 What to Watch for Confirmation:
- ✅ Retest of the POC with bullish reaction
- ✅ Higher lows along the trendline
- ✅ Break above the $134-$136 resistance zone
- ❌ Break below POC and trendline = bearish scenario
What Do You Think? 🤔
Will LTC hold the POC and make the next bullish leg — or are we heading back to the imbalance zone for one last liquidity sweep?
Drop your opinion in the comments 💬👇 and make sure to follow for more detailed setups every day! 🚨
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It looks like we are going to test the bottom level once more and see what we will do from there
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Experienced trader with 6 years of expertise in all markets. 💼
Follow me for:
📊 Market updates
🔍 Indicators
📚 Educational content
Follow me for:
📊 Market updates
🔍 Indicators
📚 Educational content
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.