🔥 LTC Potential Bearish Reversal
LTC has been trading in this bullish channel since the start of 2021, seeing almost 300% gains during that period.
Clearly, every time that either the resistance or support of the channel is hit, the price reverses the other way. Since LTC is currently consolidating after the channel resistance is hit, I wouldn't be surprised if the price were to fall towards the channel support.
Wait for confirmation before entering a trade.
Happy trading!
Clearly, every time that either the resistance or support of the channel is hit, the price reverses the other way. Since LTC is currently consolidating after the channel resistance is hit, I wouldn't be surprised if the price were to fall towards the channel support.
Wait for confirmation before entering a trade.
Happy trading!
Note
Trade cancelled before entry
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🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
Publications connexes
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.