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$LTC - CHART ANALYSIS (Daily Timeframe) We had a shift in market structure (MSS) after a liquidity sweep ($) based on the Daily TF, thereby creating a new high at $48.00. Price is currently trading in the premium zone where we will be avoiding any buys until we see price in the discount zone. Entry level at 75% discount - $41.29. Inducement level marked "X" (the $42.86 internal structure low which I expect price to also take out before we start buying). Invalidation would be a break below $38.93. Target set at around $50.00 Patience is crucial here, wait for price to come to discount or you can go to smaller timeframes like 4H or 1H to look for sell confirmation on the internal structure with target set at the inducement level. I will also check for sell confirmation and I will share if I see any... feel free to look at $LTC chart from your end and share your thoughts in the comments. #Crypto #LTC #PriceAction

2 hours ago
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