Litecoin: Do or Die
LTC has been moving inside an ascending channel for 7 months and now it’s testing the support.
On the 4h chart we see that LTC is being squeezed between the ascending channel support and that local declining trend line. This thing is going to explode. Which direction?
Here is something to consider:
Death cross between 50 & 200 EMAs after a tremendous rally. If this is followed by breakdown of the support, that is a very good sell setup.
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The information given is never financial advice. Always do your own research.
On the 4h chart we see that LTC is being squeezed between the ascending channel support and that local declining trend line. This thing is going to explode. Which direction?
Here is something to consider:
Death cross between 50 & 200 EMAs after a tremendous rally. If this is followed by breakdown of the support, that is a very good sell setup.
If you like the idea, please, hit the Like button and subscribe to the profile in order not to miss our updates.
The information given is never financial advice. Always do your own research.
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