LTC / USDT can correct on profit taking 240

BITSTAMP:LTCUSD   Litecoin / Dollar
Hello traders, LTC / USDT is in an upswing with a slowdown in issued volumes.

It tries to come back to touch its resistance of its bearish channel , the price can always increase but ferras facing a major resistance.
Big potential to break the uptrend line and join the next support with the channel bottom aiming to chase stops.

Only a bullish channel can reverse the trend on this collapse.
This is not investment advice but a usage recommendation.

I hope this will get you more.

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