Litecoin(LTC): Failed Breakout Attempt?

Litecoin has had several attempts to breakout from that upper resistance zone, but so far it has not succeeded in that.

We are keeping an eye on that branch of EMAs, and also that trend line = chance of seeing a correction to lower zones?

Swallow Team

Note

Litecoin has really nice rejection, which has resulted in a good 6% market price movement. Now we are looking for that sell entry zone to see how the price will react to this zone

Note

Litecoin had multiple good potential entries on markets, with the latest being a nice touch to that entry sell zone, which rejected the price and resulted in another good potential scalp of 2% market price movement.

Now looking at that trend line and a potential breakdown to happen near it...

Note

Litecoin has had multiple good entry zones, which all went pretty well, where almost each drop (that reached the trend line) bounced right back up.

Currently, we are looking for a potential movement to the upper resitance zone (which last time rejected the price) and a potential rejection to happen near that zone as well.

SwallowAcademy

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SwallowAcademy

🚨 Authentic Traders
⚡️ Short-Term + Mid-Term Trades

Keep an eye on us and you will not regret it. 😉

Telegram: t.me/+fiEDSn7M9pJkODA0

Also on: