๐ธHello traders, today let's review 8hour price chart for LTCUSD . strong gains recently off the range lows,however currently price getting overextended and trading near range highs, so short-term expecting a normal pullback, which is a buying opportunity
๐ธActive trading range is defined by range lows at 80 USD and range highs at 98 USD. Premium prices at 101/103 USD overhead. Limited upside beyond prem prices. Trading in well defined range for almost 6 months now, strong re-accumulation.
๐ธRecommended strategy bulls: expecting pullback/retest of range lows later early July.Best reload zone for position traders on buy side near 82 USD. Short-term pullbackso bulls should wait on sidelines and be ready to reload lower near 82 USD. final TP bulls +25% gains.
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