If it stays above the pink line, the potential downwards movement to 0.618 will not come into play...i think :)
Note
BTCUSD is almost making a small H&S which could lead to a downwards movement. Since LTC has been following BTC lately, if this happens, it could mean LTC falls under 240 again. Just an observation, let's see how this plays out.Note
BTC and LTC at critical point, up or (way) downwards from here.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.