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!
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!