LTC reached bottom of the channel.
Volume is falling so as momentum.
Sellers need more power to break channel and drag price down especially Litepay launching next week.
Volume is falling so as momentum.
Sellers need more power to break channel and drag price down especially Litepay launching next week.
Note
8% up since yesterday's low - not bad. The hardest part still ahead of us. LTC has to break through that massive resistance above.Note
Apparently Litepay is having problem with card issuer. We are still in channel so still good, but keep checking as yesterday proved there is lots of sellers on a market who wants drag price down.
Note
I see descending triangle.Note
We are out of channel for a while, and now LTC is testing support/resistance for another time.
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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.