SasanSeifi|$85 Breakout Could Propel LTC to $100 and Beyond!Hey there, ✌I In the weekly timeframe, Litecoin’s price, after a period of consolidation around the $84 level, encountered a bearish trend and corrected down to the $50 range.
As you can see, the price has once again moved towards the important resistance zone and the descending trendline. Currently, it is trading at around $78. If the price breaks the key resistance at $85 and stabilizes above it, the likelihood of further upward movement increases. In this scenario, potential price targets could be $100 and $127. The important weekly support between $65 and $60. Given the overall market conditions, the probability of breaking through the resistance level seems high. Note that this chart is presented in a logarithmic scale.
💢 Please remember that this is just my personal viewpoint and should not be taken as investment advice. I’d love to hear your thoughts and share opinions!
Happy trading!✌😎
Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!✌
Priceactoin
SasanSeifi 💁♂ ETC / 3DAY⏩ 28$Hey everyone,
As you can see in the 3-day timeframe, the price has been rising from the demand zone and bullish order block. It broke the downtrend line and retraced back to the 22-dollar price range. It is currently trading at 22.30 dollars.
In the medium term, the price may continue to rise to the BEARISH BB zone.
Here are two scenarios we can consider:
1 The price could rise from the 22-dollar range.
2 The price could range between 21 and 20 dollars for a while, and then rise to the target ranges of 27 and 28 dollars.
If the price rises, it will be important to see how it reacts to the BEARISH BB zone. This will help us to understand the continuation of the trend.
⭕On the other hand, if the price breaks below the 20-dollar range and consolidates, it may be facing a correction.
I hope this helps!
🔵Remember, always conduct your analysis and consider other factors before making any trading decisions. Good luck!"✌️
❎ (DYOR)...⚠️⚜️
Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!
if you found my analysis helpful, I would appreciate it if you could show your support by liking and commenting. Thank you!🙌✌
SasanSeifi 💁♂ Analyzing Price Trends and Growth PotentialHey there! In the daily time frame, as you can see, the price has been fluctuating within the range of 0.10 after breaking out of the downtrend and rebounding to the 0.11 level with some partial positive fluctuations. Currently, it's trading in the price range of 0.1240. There is a possibility of growth towards the liquidity range. Currently, the expectation we can have is that if the demand range of 0.11 is maintained, we may see further growth towards the target of 0.1350. To better understand the continuation of this trend, we need to observe how the price will react. If it can penetrate above the 0.1350 range and maintain that position, further growth in the medium term can be considered towards the supply range of the price levels 0.1550 and 0.1700. 📈🚀
🟢 Keep in mind that these are just scenarios, and it's important to conduct your own analysis and consider other factors before making any trading decisions 😊📈📉
❌ (DYOR)
⭕Of course, if you have any more inquiries or require further clarification, don't hesitate to reach out. I'm here to assist you!
🔹If you found this analysis helpful, please show your support by liking and commenting. Thank you! 🚀😊 🙌
SasanSeifi 💁♂ASTRA/ USDT DAILY 0.00800🤔Hey there! Upon examining the daily chart, as you can see, the price encountered a negative reaction as it approached the downtrend line in the 0.0052 range and is currently trading in the price range of 0.0046. The expectation we can have is that after a minor correction and maintaining the crucial support ranges of 0.0041 and 0.0034, along with a reconfirmation, we might see positive fluctuations. In the case of positive fluctuations and a break of the downtrend line, the initial target would be the liquidity zone of 0.0070. To better understand the continuation of the trend, we need to observe how the price reacts when it approaches the important resistance zone. After a possible pullback, further growth might follow. The potential scenarios in the above image have also been indicated. Maintaining the support ranges is crucial for the desired scenario. Additionally, if the price falls below the support ranges, there is a higher likelihood of further correction.
✨What's your opinion? Do you agree?
🔵Remember, always conduct your own analysis and consider other factors before
making any trading decisions. Good luck!"✌️
❎ (DYOR)...⚠️⚜️
Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!
if you found my analysis helpful, I would appreciate it if you could show your support by liking and commenting. Thank you!🙌✌
ETHUSDT Monthly S/R| HTF .618 | Psfp | Price Action Evening Traders,
Today’s analysis- ETHUSDT- trading at a key resistance zone where a rejection lower is possible,
Points to consider,
- Price action impulsive
- Monthly S/R Resistance
- HTF .618 Fiboancci Resistance
- Sfp-entry area
ETHUSDT’s immediate price action is trading in a zone that is considered resistance due to technical confluence such as the Monthly S/R, HTF .618 and Psfp, allowing for a bearish bias.
The immediate objective will be the low Psfp, this is an area of resting liquidity this a magnet for price action.
Overall, in my opinion, ETHUSDT is a valid short with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps,
Thank you for following my work
And remember,
“If you don’t respect risk, eventually they’ll carry you out.” – Larry Hite