LTC could be telling Market Strngth
LTC is sitting in a place that looks ripe for reversal. This could be a signal for the greater market as LTC tends to front run the market at times. Keep an eye on this old timer original alternative coin.
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LTC teetering on daily descending resistance. Shown are a couple other trends that were active.
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looking for a bullish impulse for ltc in the next 4 days at most, same chart as previous with infoline added for number of bars before we arrive at the curve again.
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targets from fib extensions from previous high to swing low.
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LTC holding above old resistance but fighting with the 100 sma on the daily chart
shown below
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from the H4 timeframe here is a look at ltc breaking market structure and flipping descending resistance to support
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LTC opening at 150 sma resistance and getting rejected
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LTC losing virtually all of its ground in this last breakdown. Currently the price is sitting on the .786 retracement level.
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Penafian
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