Litecoin (LTC): Looking For Double Bottom Pattern (Sell Time ?)
Litecoin is looking interesting after that liquidity grab, touching nearly 200 EMA and getting rejected immediately.
As we are now slowly entering back below the resistance zone, seeing that the re-test of the broken zone is failing, we are looking for a double bottom pattern to form here, leading to a to a price as low as $67.50
Swallow Team
As we are now slowly entering back below the resistance zone, seeing that the re-test of the broken zone is failing, we are looking for a double bottom pattern to form here, leading to a to a price as low as $67.50
Swallow Team
Note
Litecoin is still near the resistance zone, looking for a way back below the zone.
As we are monitoring the coin we see a potential fakeout zone to form currently which would result in a decent selling pressure, we wait!
Note
Litecoin made a great movement, rejecting upper resistance after a small fakeout and has moved 7% so far!
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🚨 Authentic Traders
⚡️ Short-Term + Mid-Term Trades
Keep an eye on us and you will not regret it. 😉
Telegram: t.me/+fiEDSn7M9pJkODA0
⚡️ Short-Term + Mid-Term Trades
Keep an eye on us and you will not regret it. 😉
Telegram: t.me/+fiEDSn7M9pJkODA0
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.