Litecoin / TetherUSShort
LTC-4h. Buyers need $83 to continue growing
LTC buyers were able to give a decent answer to the local downward trend on 7 December. 16% rebound is a good result.
However, this fight takes place within the consolidation triangle.
The level of $83 plays an important role. This level plays a brake role. The LTC price does not turn immediately from this mark, but each time it is done with great difficulty.
This time, buyers could only touch this mark. Trading volumes began to increase as they approached the white trend line . However, they are clearly not enough to continue growth. We expect to continue trading inside the triangle and test $71.
__________________________
We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements.
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____________
However, this fight takes place within the consolidation triangle.
The level of $83 plays an important role. This level plays a brake role. The LTC price does not turn immediately from this mark, but each time it is done with great difficulty.
This time, buyers could only touch this mark. Trading volumes began to increase as they approached the white trend line . However, they are clearly not enough to continue growth. We expect to continue trading inside the triangle and test $71.
__________________________
We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements.
Subscribe to us and get daily concise analytics!
____________
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okx.com/join/20PSTRADE
🔥V-I-P cutt.ly/PwkLhT56
👍Daily bitcoin reviews here💲 cutt.ly/3wnaaG4s
🔵Telegram t.me/pstrade_eng
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