velmunis

LITECOIN is trading within a falling channel

Short
COINBASE:LTCUSD   Litecoin
LTCUSD
Is currently trading within a downward channel and the price action suggests that the upward momentum is slowing and we can expect sudden drop like one previously happened.

In longer timeframe Head and shoulder pattern is formed and felled towards 42.00 level

If the price move below the current level then the expected target level will be around 40.00

Please give us a thumbs up if u like our work and do follow us so that you can get a regular update about upcoming setups and ideas


Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.