LitecoinShort
LTCUSD GO DOWN 📉
Hello friends!
With the start of a new work week!
As we can see, the price has grown well in a short time. The price was able to reach a strong resistance line that originates in 2017. Note that there were three important price touches to the resistance line. The price was unable to break through the line. This time we see a similar situation, the price bounced off the resistance line and began to fall down.
Today's idea is also dominated by the support line, which starts in October 2020. I expect the price to continue its downward trend and be able to reach the support line. I think it will be a profitable move down.📉
Do you agree?)
Your Solldy.
With the start of a new work week!
As we can see, the price has grown well in a short time. The price was able to reach a strong resistance line that originates in 2017. Note that there were three important price touches to the resistance line. The price was unable to break through the line. This time we see a similar situation, the price bounced off the resistance line and began to fall down.
Today's idea is also dominated by the support line, which starts in October 2020. I expect the price to continue its downward trend and be able to reach the support line. I think it will be a profitable move down.📉
Do you agree?)
Your Solldy.
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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.
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.