This chart chow the support and resistance lines for the pair LTC GBP. We do seem to be forming a double Bottom on the 60 min chart.
so were do we go from here, its been a slow decent to possible form a double bottom and not a fast drop, so its odds on a move up if there is volume, but volume has been so low of lates its very possible that we continue the trend down to a lower support level.
I know thats not a very clear analysis but both are possible. Lmacd does indicate we continue down tho.
so were do we go from here, its been a slow decent to possible form a double bottom and not a fast drop, so its odds on a move up if there is volume, but volume has been so low of lates its very possible that we continue the trend down to a lower support level.
I know thats not a very clear analysis but both are possible. Lmacd does indicate we continue down tho.