The previous support which broke looks like it now acting as a support level. This could be more bad news for LTC after a very rough last few months. The price is starting to look very bearish from here as a small double top has started to form and now the price is currently at the neckline. I will keep everyone updated on this pair over the coming weeks.
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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.