LTCUSD Daily Chart January Overview

LTCUSD overall idea is bullish currently accumulating on this daily chart expecting a complete push on the bullish sentiment and structure which we are already seeing. The weekly chart was posted with ideas on the monthly also supporting this ongoing change in market direction.

• Currently forming TA on Daily Chart so short term bullish impulse into bearish rally/dump for this next couple days to transition into the ST to indicate progression in our schematic.
  

1. Looking for price to react in one of the two zones marked here for the Thrust to form where a potential short setup may be valid. I expect price to reach 92 however it to slow down as it approaches this number. It is important to see how price moves towards this point to have a clear judgement.
   

• I expect this later ST to form within the current range which we are already in however there is no clear region i expect the very big mark up which typically presents an opportunity in these schematics. I don't expect price to drop below 63-62. Please note we must foorm the TA before the ST opportunity is validated.
  

Not Financial Advice.
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Phi Traders . Founder - Sayry Llumigusin Parra

Tags(ignore): Wyckoff, Fibonacci , Volume , SMC , Smart Money Concepts, ICT , Inner Circler Trader , Supply and Demand