LTCUSD - Weekly forecast, Technical Analysis & Trading Ideas

Midterm forecast:

• While the price is above the support 89.65, resumption of uptrend is expected.
  
• We make sure when the resistance at 147.05 breaks.
  
• If the support at 89.65 is broken, the short-term forecast -resumption of uptrend- will be invalid.
  
• We will close our open trades, if the Midterm level 89.65 is broken.
  

Technical analysis:

• A trough is formed in daily chart at 80.05 on 02/03/2025, so more gains to resistance(s) 117.47, 125.06, 133.99 and maximum to Major Resistance (147.05) is expected.
  

Take Profits:

1. 117.47
   
2. 125.06
   
3. 133.99
   
4. 147.05
   
5. 167.24
   
6. 189.79
   
7. 232.63
   
8. 281.63
   
9. 334.75
   
10. 388.93
    
11. 413.50
    

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