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 Today’s report card will include:

• LTCUSDT Technical Analysis

• Key Technical Levels

• Trading Tools/ Education

• Trading Psychology

LTCUSDT Short ✍️ 

In todays analysis - LTCUSDT - Value Area High currently being tested after a strong impulse from the POC, weakness here can lead into a dump.

Points to consider ✍️ 

• Daily Resistance

• .618 Fibonacci Support

• Value Area Low

• Value Area High

• Resting Liquidity

The current price action on LTCUSDT is at an area of local resistance that is in confluence with the .618 Fibonacci, Value Area High and the Daily Resistance.

A rejection from this area will initiate a bearish expansion towards the Value Area Low - this will complete a range rotation.

Overall, in from Bitcoin Insider’s perspective, LTCUSDT is a valid short with defined risk, price action is to be used upon discretion/ management ✍️ 

The price objective for LTCUSDT is the .618 Fibonacci, this will challenge the resting liquidity.

Hope this analysis helps.

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Trading Psychology 🧠 

Bitcoin Insider bouncing back to work, See you in the next one! 👊