A reflection of a downward channel support with a completion of a bullish bat pattern. This might turn super bullish. Other Analysts that use moving averages, support and resistance levels are very bearish on LTC. I prefer channels and trendlines, price action usually reflect of them more often than fibonacci levels. Let's see how this play out.
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Pattern morphed to bullish butterfly, and bottom is reached imo as RSI also bottomed.
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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.