The last idea for LTC was unsuccessful, the price came to the upper border of the descending channel. The price is still moving within that zone and testing the lower boundary. 50MA and 100MA formed a golden cross on the 4H timeframe. During the attempt to break through the lower boundary, the volumes and volatility started to decrease. I expect the weekend may pass with a second false-break attempt on low volumes, which will further reduce volatility and possibly form a descending wedge. After fixing above the lower boundary of the zone I expect to reach the resistance level.
