Litecoin LTC Regression Trend Channel

So the current position we're in seems to have broken the initial uptrend channel. The second regression trend channel highlights the current position seems to be following that downward bearish channel without breaking out through the top, at least if it did, that would mean we could see near term bullishness. Which could possibly explain why we saw a 73 high and now we can't even touch 70, still yet to see. I mean this almost confirms what I posted in my previous ideas, only further confirmation.

I referenced the following video for How to use Regression Trend Channel youtube.com/watch?v=qiZwFaLF_qY

jbotos

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.