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Technical analysis by FenzoFxBroker about Symbol LTC: Sell recommendation (10/29/2025)

https://finbeet.com/message/3879508
FenzoFxBroker
FenzoFxBroker
Rank: 250
3.1

Bearish Engulfing Signals Downside for Litecoin

Message Type:Sell
Price at Publish Time:
$97.4
Sell،Technical،FenzoFxBroker

FenzoFx—Litecoin filled 25% of the bearish fair value gap from Friday’s selloff, tapping into the $106.00 liquidity zone. The last candle is a bearish engulfing, signaling potential downside as both buyside and sell side liquidities were swept. Resistance sits at $106.00. If this level holds, the downtrend may extend toward $85.50 and $78.60. The bearish outlook remains valid unless LTC/USD closes above $106.00 on the daily chart. A break above this level could trigger a move toward the upper line of the bearish channel.

Source Message: TradingView