Ltc was not able to break the 200 MA after breaking the triangle, I believe a down to 225~ region and hopefully a reversal to retest resistance at 240~
Note
the price broke out of the bottom of the symmetrical triangle and bounced off 135$ region, the price has come up to retest the downtrend line in the 215/220 region. if a break of the downtrend appears, the price will possibly find its next resistance at the bottom of the former uptrend.
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.