LTC/USDT 1h short term

Wait 5 sec.

LTC/USDT 1h short term Litecoin / TetherUSBINANCE:LTCUSDTcryptodailyuk1. The inheritance channel (orange lines) - the course was in the downward trend, but just struck the mountain from the channel. This is a signal of short -term shift Momentum to upward. 2. Horizers of support/resistance (red and green lines): • Support: 104.64, 103.15, 101.77 - you can see that the course reflected several times from these levels. • Resistance: 106.05, 107.85, 109.32 - these levels are now key goals with further increases. 3. STOCHASTIC RSI (bottom of the chart) - is in the purchase zone (above 80). This suggests the possibility of short -term correction, but after struggling from the channel, the momentum can still pull the price higher before the stronger pullback occurs. ⸻ Scenarios: ✅ Taurus (continuation of stroke): • If the price lasts above 106 USDT, subsequent goals are 107.85 and 109.32. • Closing a few candles above 106.05 will confirm the burst and gives space for growth. ⚠️ Bear (false breakup): • If the price does not last above 106 and returns to 104.64, the market may fall again to 103.15 and even 101.77. ⸻ Summary: • The trend has changed to a short -term upward after having broken out of the downward channel. • Keeping the level of 106 USDT is key - if it succeeds, there is a chance for an attack 107.85 → 109.32. • RSI is high, so in a short time it is possible to lightly withdraw before we go higher.