Hello traders, LTC / USDT is in an upswing with a slowdown in issued volumes.
It tries to come back to touch its resistance of its bearish channel, the price can always increase but ferras facing a major resistance.
Big potential to break the uptrend line and join the next support with the channel bottom aiming to chase stops.
Only a bullish channel can reverse the trend on this collapse.
This is not investment advice but a usage recommendation.
I hope this will get you more.
Thank you for taking the time to read my analysis.
Comment on your ideas in the space dedicated to the description.
Please LIKE & FOLLOW, thank you!
Hello traders, LTC / USDT is in an upswing with a slowdown in issued volumes.
It tries to come back to touch its resistance of its
bearish channel , the price can always increase but ferras facing a major resistance.
Big potential to break the uptrend line and join the next support with the channel bottom aiming to chase stops.
Only a
bullish channel can reverse the trend on this collapse.
This is not investment advice but a usage recommendation.
I hope this will get you more.
Thank you for taking the time to read my analysis.
Comment on your ideas in the space dedicated to the description.
Please LIKE FOLLOW, thank you!
