LitecoinShort
LTCUSD GO DOWN 📉
As we can see, the price is now between two lines, which today play an important role in today's idea. Notice how the price listens to the resistance line. Only recently there were false breakouts, but the rest of the time the price could not break through this line, which originates in October 2020. It is clearly seen that the price is now heading up, the price growth began from the end of October 2020.
Now the price is near the resistance line. I expect the price to bounce off this line and start its sharp decline towards the support line. I think this is a good opportunity for a profitable fall. The return of price to the support line is profit.📉
Do you agree?)
Your Solldy.
Now the price is near the resistance line. I expect the price to bounce off this line and start its sharp decline towards the support line. I think this is a good opportunity for a profitable fall. The return of price to the support line is profit.📉
Do you agree?)
Your Solldy.
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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.