Litecoin
Short

LTC / USD activation of a bearich signal in progress 240

172
Hello traders, LTC / USD is up in a bullish channel which is significant resistance, it has come up against it and the price seems to want to take a break.


Strong potential for a correction from the top of the channel on support or even its exit unless buyers are ready to buy the current breakout.
Do not neglect the threshold preceding a return may be possible.

A good re-entry opportunity at a good cost price, wait for solid confirmation.

This is not an investment advice but a usage recommendation.
I hope you enjoyed it.

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 !

Disclaimer

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.