The LTC chart is a perfect descending triangle indicating a bearish continuation at the macro level. The price level being tested is VERY important. This is a good representation of the overall crypto market. A rebound to the $120 range would trigger some serious buyers.
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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.