Litecoin / TetherUS
שורט

RLinda ! LTCUSDT-> Is the market getting ready to fall?

LTCUSDT the entire cryptocurrency market, with the exception of a few altcoins is in the red zone and continues to decline
תמונת-בזק
At the moment, everyone is watching bitcoin activity. The flagship coin continues to consolidate, but on the background of positive news and positive public reaction, the price reacts with a fall, which indicates the expected fall, which may pull the rest of the market

On the local chart, LTCUSDT is forming a downward price channel, which previously replaced the counter-trend correction, what to expect from the price?
The LiteCoin at the moment is near a resistance area. From this area I expect a fall in the trend.
The short term target is support at 50.00.
Medium-term target - price channel support

Regards R.Linda!

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