Litecoin broke and closed below a key daily confluence zone:
the price managed to violate a strong horizontal key level and a major rising trend line.
Now the price is retesting a broken structure.
As a confirmation, I noticed a double top formation on 1H.
Its neckline is broken and retested.
Now I expect a drop.
Goals:
154
124
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✅Join My Telegram Channel: t.me/VasilyTrading
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⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
Related publications
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.