During the previous trading session, the positive dynamics of the Litecoin movement were seen. On a longer time-frame, the upward price movement vector also prevails.
The support and resistance levels:
The closest support to the price is at the 103.77 mark.
The Bullish Doji Star pattern has formed here. This pattern is a combination of two Japanese candlesticks. The first candle is with a long real body, and the second candle is a doji, which opens with a gap up.
The nearest resistance level is at the level of the 119.22.
This level was formed by a Pin Bar pattern. This pattern is presented with a single Japanese candle with a small real body and a long upper shadow. This is one of the key patterns in the Price Action system.
Trading recommendations:
The latest signal prioritizes short positions intraday.
Litecoin H1: The Price Action Forecast for the Asian Session at 5.10.2025
