LTC/USDT 1H Chart Analysis
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Current Market Structure:
Bearish trend confirmed after rejection from premium zone at $132.
RSI: Bearish divergence at recent high, with overbought conditions.
Market Structure: Lower highs forming, signaling continuation to the downside.
Smart Money Activity:
Accumulation Phase: Likely occurring at discount zone $110-$112.
Distribution Phase: Visible at the premium zone ($132).
Market Makers: Targeting liquidity below $110.
Key Levels:
Entry Zone: Short at $126-$128 (resistance zone).
Targets:
T1: $120 (Equilibrium Zone).
T2: $112 (Discount Zone).
Stop Loss: Above $133 (recent swing high).
Risk Score:
7/10 (Favorable R:R ratio with clear invalidation).
Market Maker Intent:
Stop Hunt Expected: Watch for potential liquidity grab above $132 before further downside.
Volume Analysis: Declining on recent push up, indicating weakening bullish pressure.
Recommendation:
Short positions favorable within the $126-$128 range.
Maintain tight stops above $133 to manage risk.
Wait for bearish order block confirmation before entering.
Confidence Level: 8/10 for bearish continuation.
🚀 Follow me on TradingView if you respect our charts 📈Daily new charts!,# LTC/USDT 1H Chart Analysis
## Key Points Breakdown
– **Current Market Structure:** Bearish trend confirmed after a rejection from the premium zone at $132.
– **RSI Indicators:** A bearish divergence has been noted at the recent high, coupled with overbought conditions.
– **Market Trends:** Formation of lower highs implies a potential continuation to the downside.
– **Smart Money Activity:**
– **Accumulation Phase:** Likely occurring within the discount zone of $110-$112.
– **Distribution Phase:** Evident in the premium zone around $132.
– **Target by Market Makers:** Focused on liquidity beneath the $110 mark.
– **Key Levels of Interest:**
– **Entry Zone:** Suggested short positions between $126-$128, identified as resistance.
– **Profit Targets:**
– **T1:** Aim for $120, encapsulated within the Equilibrium Zone.
– **T2:** Target $112, corresponding to the Discount Zone.
– **Stop Loss:** Positioned above the recent swing high at $133.
– **Risk Assessment:** A favorable risk/reward (R:R) ratio rated at 7/10.
– **Market Maker Intent:** Expect a stop hunt, likely targeting liquidity above $132 before further decline.
– **Volume Analysis:** Recent upward movement has seen declining volume, indicating weakening bullish momentum.
– **Recommendation:** Short positions are recommended within the $126-$128 range, with tight stops above $133.
## Conclusion
The analysis indicates a strong bearish sentiment in the LTC/USDT market, with confirmed rejection from the premium zone and bearish divergences suggesting further downside risk. The focus on liquidity beneath $110 points to market making strategies that could further drive prices down. Investors should exercise caution and wait for confirmation in bearish order blocks before entering new positions. Overall, the situation presents a clear short opportunity for traders who can leverage the calculated entry and exit points effectively.
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