LTC Trading idea
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Price is moving in a descending channel. The price is likely to drop to a strong support level of $ 25.70. Above this level, the Double Bottom Pattern will be built and the price will be reversed. Then you can open a long position in the buy zone.
But if the price breaks this support level then the decrease will continue and the minimum price will be updated.
_________________________________________
This analysis and more in our Telegram channel.
Also, don't forget to visit our profile.
Price is moving in a descending channel. The price is likely to drop to a strong support level of $ 25.70. Above this level, the Double Bottom Pattern will be built and the price will be reversed. Then you can open a long position in the buy zone.
But if the price breaks this support level then the decrease will continue and the minimum price will be updated.
_________________________________________
This analysis and more in our Telegram channel.
Also, don't forget to visit our profile.
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.