LTC Prepares for Bearish C Wave Down
Currently, Litecoin (LTC) seems to be entering a C wave-down phase.
The price appears to be accumulating, which may lead to the formation of a triangle pattern soon. A breakout from this pattern is expected to push the price down further, potentially resuming the short-term bearish trend.
The overall cryptocurrency market is anticipating an update from President Donald Trump regarding new decisions related to cryptocurrencies. However, these hopes have been diminishing, adding to the uncertainty.
Support Levels to Watch: 106.50; 103.2 and 98
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Currently, Litecoin (LTC) seems to be entering a C wave-down phase.
The price appears to be accumulating, which may lead to the formation of a triangle pattern soon. A breakout from this pattern is expected to push the price down further, potentially resuming the short-term bearish trend.
The overall cryptocurrency market is anticipating an update from President Donald Trump regarding new decisions related to cryptocurrencies. However, these hopes have been diminishing, adding to the uncertainty.
Support Levels to Watch: 106.50; 103.2 and 98
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
✅MY Free Signals
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
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.
✅MY Free Signals
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
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.