Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Futures Kickoff
Get prepared for your futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to experience risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
LTC has fallen near the trend line for many years. From a trading perspective, the risk-reward ratio at this position couldn't be better. However, the movement of BTC is questionable. It would be wise to take a cautious approach and observe the rebound strength here before making further decisions.
The trend shows a potential 4-hour divergence, but there are no obvious buy points within the segment. From the perspective of higher-level moving averages, it still requires time to rise even if it goes up in the short term; there needs to be a long-term consolidation process. Therefore, there are still many opportunities to enter the market, so I won't participate on the left side.
This structure (Figure 3) is essential here. First, break through 87.8, then oscillate around the 30-minute central point, and then move away to form a third buy acceleration. This is a healthy rebound to the upside; if 87.8 is not broken, it is still a falling process.
If there are a lot of idle positions, buying a little LTC spot here is not a problem.
Compared to mainstream coins like ADA and Dogecoin, although LTC does not have an independent market, its decline is indeed the smallest and the most resistant to falling.