LTCUSDT
Updated
Hello dear friends
In the upward trend, the range of $85.2 was not fully consumed and the long-term descending channel was not broken upwards.
Considering these conditions and the signals we have in the lower time frames: if the current trend is below the purple range of $68.26, the possibility of forming a downward trend similar to the drawn scenario is strengthened.
We would be happy to hear your comments
In the upward trend, the range of $85.2 was not fully consumed and the long-term descending channel was not broken upwards.
Considering these conditions and the signals we have in the lower time frames: if the current trend is below the purple range of $68.26, the possibility of forming a downward trend similar to the drawn scenario is strengthened.
We would be happy to hear your comments
Trade active
So far everything has gone according to analysis. The possibility of continuing the downward trend has been strengthened.
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.