Litecoin has touched again that upper resistance zone and got rejected from there, where the price is now back trading below that resistance.
We are looking for a potential touch to EMAs here and a possible breakdown from it as well, overall, a downward movement from the current zone, so let's see!
Swallow Team
We are looking for a potential touch to EMAs here and a possible breakdown from it as well, overall, a downward movement from the current zone, so let's see!
Swallow Team
Note
Litecoin is slowly moving to lower zones here, pressuring the price towards EMAs.
Although the movement is pretty slow here, it is consistent, so we keep an eye for a possible sharp move here as well (liquid grab)
Note
And we got our sharp movement (liquid grab), which resulted in a touch of a lower trend zone here and also a nice 8% market price movement!
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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.