LTC has been trading in this bullish channel since the start of 2021, seeing almost 300% gains during that period.
Clearly, every time that either the resistance or support of the channel is hit, the price reverses the other way. Since LTC is currently consolidating after the channel resistance is hit, I wouldn't be surprised if the price were to fall towards the channel support.
Wait for confirmation before entering a trade.
Happy trading!
Clearly, every time that either the resistance or support of the channel is hit, the price reverses the other way. Since LTC is currently consolidating after the channel resistance is hit, I wouldn't be surprised if the price were to fall towards the channel support.
Wait for confirmation before entering a trade.
Happy trading!
Nota
Trade cancelled before entry
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🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
Pubblicazioni correlate
Declinazione di responsabilitÃ
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.