Convergence of 100 EMA and bottom of reverse H&S channel seems to have slammed LTC out of its latest attempt to test resistance.
Note
Idea still holding, now price action is having a showdown at the previous reverse H&S neckline. If this fails, I'm next looking for minor support level around USD175.Also: This is my first published idea! I just started studying markets about 5 weeks ago. Please provide feedback; it is welcome and appreciated. Thanks!
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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.