LTC

LTC fell to $81 yesterday but found strong support, rebounding by about 15%. Investors who entered based on our April 25 analysis should currently have at least a 10% profit. 

The current price is around $91.5, slightly above the neckline (blue line), facing some resistance. If it holds, the price could rise to around $135.

For investors yet to enter, consider establishing a long position near the neckline, around $88. 

Reference points:

Direction: Long

Entry: $87 - $90

Take Profit: $100 / $115 / $135

Stop Loss: $78

ENA

ENA fell again after touching the resistance zone on April 26th, experiencing nearly ten consecutive days of decline. Yesterday, it found support near $0.256 and rebounded.

This turned the initial fake breakout into a rectangular pattern (light blue parallel channel), which is a more suitable formation for short-term trading. Investors can consider going long when the price touches the bottom of the channel or going short at the top.

Reference points:

Direction: Long

Entry: $0.256 - $0.27 (market price)

Take Profit: $0.36 - $0.38

Stop Loss: $0.245 - $0.248 (previous low $0.2499)

SUI

SUI's price action is similar to our analysis on April 23rd. We predicted at that time that the price would rise to around $3.89, and it eventually peaked at $3.875 on April 28th before starting to decline.

At the time of writing, the price is temporarily reported at $3.38. We anticipate a pullback, with strong support expected around $2.8 and $2.25. The former is approximately the 0.5 Fibonacci retracement level and also the previous high that has now turned into support; the latter is the 0.236 Fibonacci retracement level and a high-volume trading area.

Investors can consider establishing long positions at these two levels. The following are reference points:

Direction: Long

Entry: $2.8 / $2.25 - $2.3

Take Profit: $4.15 / $4.9 / $6

Stop Loss: $2.6

Disclaimer: None of the information contained here constitutes an offer (or solicitation of an offer) to buy or sell any currency, product or financial instrument, to make any investment, or to participate in any particular trading strategy.