Solldy

LTCUSD ❕ false breakout

Short
COINBASE:LTCUSD   Litecoin
The false breakout was stopped by the resistance level and the price returned to the downward channel. I expect that we can reach the lower boundary of the channel, provided that the price will consolidate under the upper boundary of the descending channel.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.