The current BTC chart on a daily timeframe looks read for a big pump to $41k. The squeeze of the trend will create a implusive move and will lead bitcoin.
But, until bitcoin breaks $42.5k, we are in a bearish trend. but this could be an opportunity to book some profit for a short term.
Still a possible risk of breaking it on downward is still their so trade...
The trend line is acting as a major support to the bullish trend of LTC.
At present, if you have any open trades, just book your profits and take an exit.
Entry- $224-225
Targets-
short term- $236
mid term- $239-$242
this is my opinion.
COMMENT BELOW IF YOU HAVE ANY SUGGESTIONS.
THANK YOU.
