Litecoin has been steadily moving up until recently when we saw an ascending correction, which indicated bears coming in. The only thing holding Litecoin up now is the ascending trendline.
We are now seeing a double top on the lower timeframe which could indicate a short term reversal back to the $150 level or maybe even lower to the $110 level.
Watch for the ascending trendline to break to confirm bearishness. If we bounce from the trendline, targets will be the next structure level at $215 level.
We are now seeing a double top on the lower timeframe which could indicate a short term reversal back to the $150 level or maybe even lower to the $110 level.
Watch for the ascending trendline to break to confirm bearishness. If we bounce from the trendline, targets will be the next structure level at $215 level.
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🥃 Crypto Signals Since 2017 🥃
💎Telegram t.me/AltSignals 💎
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💎Telegram t.me/AltSignals 💎
📈 Signals/Algos altsignals.io/join 📈
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.