LTC Wakes Up — Bullish Adam & Eve Targets $150+LTC is gaining serious momentum, breaking through key resistance levels and printing a clean Adam & Eve bullish reversal pattern. The breakout signals a potential shift in the macro trend — and the chart is offering clear setups.
✅ Breakout Through $100 & Pattern Confirmation
LTC confirmed the Adam & Eve double bottom with a breakout above $100, a major psychological resistance.
The neckline retest around $105 acted as a Market Structure Shift (MSS) confirmation, with upside wicks signaling strong demand and a reversal.
$100–$105 Support Zone: Stacked Confluence
This zone offered a high-probability long setup due to multiple overlapping technical factors:
Yearly Open (via DriftLine - Pivot Open Zones ): $103.28
0.382 Fib Retracement: $104.67 (from $76.17 low to $122.29 high)
Anchored VWAP from the $76.17 low
POC of 1-Year Trading Range: ~$102
233 EMA & SMA (4H TF): Both moving averages aligned between $103–$100, acting as dynamic support
✍️ A clean, high-confluence demand zone between $100–$105 — ideal for long setups.
Upside Structure & Next Long Opportunity
➡️ Current Price: ~$127
A fresh long setup may present itself around $120 on a pullback
➡️ Pattern Target: $150
🌀 1.0 TBFE: $149.28
🌀 1.618 TBFE: $147.31
🔺 Key Swing High / Liquidity Pool (BSL): $147–$150 — an area to watch for possible rejection
🔴 Short Setup Consideration
➡️ Short zone: $147–$151
Only short on clear confirmation: SFPs, rejections, or bearish order flow
➡️ Downside target: $135 (1:2 R:R potential)
Macro Bullish Target: $198–$200
If LTC breaks and holds above $150, the next macro target becomes:
🌀 0.618 Fib Retracement (from $295.7 high to $40.3 low): $198.14
$200 Psychological Resistance: Major round number, likely to act as magnet and profit-taking zone
🛠 Indicators Used:
DriftLine — Pivot Open Zones
↳ For key levels like the Yearly Open, crucial in confluence stacking
📚 Educational Insight: Understanding the Adam & Eve Pattern
The Adam & Eve pattern is a classic bullish reversal formation that often marks the end of a downtrend or a major correction phase.
Adam forms first: a sharp, V-shaped low — often panic-driven or capitulation.
Eve follows: a rounded, more gradual bottom, showing accumulation and stabilisation.
Once price breaks above the neckline, the pattern is considered confirmed.
A retest of the neckline (like LTC at ~$105) is often the best entry point, especially when supported by confluence like Fib levels, VWAP, or key levels.
In LTC’s case, the breakout above $100 and successful retest at $100–$105 validates the pattern — with a measured move pointing toward $150, and a macro Fib target at $198.14 aligning with the $200 psychological level.
Summary:
With a confirmed breakout, strong technical confluence, and clearly defined targets, LTC is setting up for continuation. Watch $120 for long entries and monitor $150 for potential rejection.
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