velmunis

LITECOIN is trading within a falling channel

Short
COINBASE:LTCUSD   Litecoin / U.S. Dollar
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

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