Look at how $LTC is moving right now and tell me you don't see that trap.
We finally broke out of that annoying $53 range but the wick on that last hourly candle is making me nervous. It hit $55.56 and immediately saw some sell pressure. It feels like the big players are just testing the liquidity up there before deciding on the real move. If we can actually close a few candles above $55, I’m looking at a straight shot to $58. But honestly, the order book is slightly leaning toward the sellers at 52% right now. I wouldn’t be surprised if we dip back to $53.90 to pick up more buyers before trying again. Volume is decent but it’s not "breakout of the year" level yet. I'm staying patient and watching how it reacts at this current $54.91 level.
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Look at how $LTC is moving right now and tell me you don't see that trap.
We finally broke out of that annoying $53 range but the wick on that last hourly candle is making me nervous. It hit $55.56 and immediately saw some sell pressure. It feels like the big players are just testing the liquidity up there before deciding on the real move.
If we can actually close a few candles above $55, I’m looking at a straight shot to $58. But honestly, the order book is slightly leaning toward the sellers at 52% right now. I wouldn’t be surprised if we dip back to $53.90 to pick up more buyers before trying again.
Volume is decent but it’s not "breakout of the year" level yet. I'm staying patient and watching how it reacts at this current $54.91 level.
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