Short Trade on LTC/USD (LITECOIN) explained by ThinkingAntsOk
Daily Chart Explanation:
The Ascending Channel has been broke, and now a corrective structure is being made towards it and the Resistance Zone. If the structure is broke, we expect a downside move to the Middle Support Zone, and if it is broke, then the Major Target is the Weekly Support Zone at 25.
Weekly Timeframe:
The Ascending Channel has been broke, and now a corrective structure is being made towards it and the Resistance Zone. If the structure is broke, we expect a downside move to the Middle Support Zone, and if it is broke, then the Major Target is the Weekly Support Zone at 25.
Weekly Timeframe:
