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LTCUSD4-hourBearish

Litecoin 4-hour (SMC): sell the 51.80–52.20 zone

FXFibo editorial · · 1 min read
Summary

The 4-hour structure in Litecoin is bearish: a bearish break of structure (BOS) at 51.56, with price now around 51.30. The 51.80–52.20 area is the main sell zone.

BiasBearishEntry zone52.00Stop loss53.40Target 149.33Target 248.00StatusActive
Invalidation: 4-hour close above 53.34
Litecoin 4-hour (SMC): sell the 51.80–52.20 zone

Main scenario

  • Entry zone: 51.80–52.20 (around 52.00)
  • Stop: 53.40
  • Targets: 49.33 and 48.00
  • Enter after candle confirmation or an aligned CHoCH on a lower timeframe

Alternative scenario

A 4-hour close above 53.34 invalidates the main scenario and opens the way to 55.05.

Key levels

  • Resistance: 52.20, 53.34, 55.05
  • Support: 49.33, 48.00, 47.00

Market-moving events

  • Tue 10 Nov: US CPI
  • Thu 12 Nov: UK GDP and US jobless claims
  • Fri 13 Nov: US PPI and euro-area GDP
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⚠ This analysis is educational and is not a buy or sell recommendation. Trading financial markets carries the risk of losing capital.