LTC Bearish Flash
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Movement in a Bear Flag, which shows how clearly tested the resistance line. Most likely the price will be reduced to support $ 45.565. If the sales do not break through this line, there will be a price reversal, which will mean the strength of the buyer and a 90% guarantee of breaking the flag without reaching the bottom of the flag. In this case, there will be an increase to $ 50.585.
But if the price breaks the support of $ 46.565, then it will go to test the lower border of the flag and most likely the price will jump up.
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Movement in a Bear Flag, which shows how clearly tested the resistance line. Most likely the price will be reduced to support $ 45.565. If the sales do not break through this line, there will be a price reversal, which will mean the strength of the buyer and a 90% guarantee of breaking the flag without reaching the bottom of the flag. In this case, there will be an increase to $ 50.585.
But if the price breaks the support of $ 46.565, then it will go to test the lower border of the flag and most likely the price will jump up.
_________________________________________
This analysis and more in our Telegram channel.
Also, don't forget to visit our profile.
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