🔥 LTC Potential Bearish Reversal
LTC has been trading in this bullish channel since the start of 2021, seeing almost 300% gains during that period.
Clearly, every time that either the resistance or support of the channel is hit, the price reverses the other way. Since LTC is currently consolidating after the channel resistance is hit, I wouldn't be surprised if the price were to fall towards the channel support.
Wait for confirmation before entering a trade.
Happy trading!
Clearly, every time that either the resistance or support of the channel is hit, the price reverses the other way. Since LTC is currently consolidating after the channel resistance is hit, I wouldn't be surprised if the price were to fall towards the channel support.
Wait for confirmation before entering a trade.
Happy trading!
Nota
Trade cancelled before entry
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✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.