Strength does not need to be overly demonstrated, the key is to gain more recognition. It is more important to do well in oneself than to prove your strength to others. Whether it's a mule or a horse, you'll know once you take it out for a walk. As a professional, I have always been committed to guiding investors to take fewer detours and miss fewer opportunities in this market. Even though I advise earnestly, the path of investment still requires you to explore on your own. Learning is endless, and the experience accumulated is your true wealth!

The cryptocurrency academic wishes fans to achieve financial freedom in 2024. Let's go together!

Cryptocurrency Academic: March 28, 2024 Litecoin (LTC) Latest Market Analysis Reference

Litecoin is approaching the predetermined 100 mark. I mentioned in the previous article to position at 90.55 long, with a target of 100 to 105. Don't rush it. The weekly line continues to stretch with increasing main force, and the trend indicator EMA continues to expand upwards. The Bollinger Bands are forming an upward alternation, and with the Bollinger Bands opening up, the overall trend is relatively good. Be patient, and it will reach the 100 integer mark.

The daily K-line shows a top deviation, and the EMA trend indicator standing point to watch is still around 90.75. The MACD has started to increase in volume, and the DIF and DEA have also formed a golden cross. However, it is currently blocked by the 100 integer mark, and further efforts are needed to find a standing point for it to stretch. It depends on whether the K-line can stand firm at the 100 integer mark.

After the Bollinger Bands traded sideways, the K-line has been hovering in the upward channel. The upper resistance level to watch is 101.92, and the lower support point to watch is 90.01. The overall trend is oscillating within a range, so you can pay attention to these two positions (both positions are trend indicators, and breaking either one can be operated in the direction of the trend). Specific operations should be based on real-time market data. For more information, please consult the author. The article is published with a delay, and it is recommended for reference only at your own risk.

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