LTCUSD 4h time frame analysis

411
hi

Today we are analysing Litecoin on 4 hour timeframe


Litecoin are currently trading at $95

We see the parallel downwards sloping channel perceiving 'the flag' starting at the swing high at the resistance line shown.


The price is pulling back slightly, making lower highs.

Enter a long position when there is a breakout, when the price breaks above the upper resistance line.
Technical target: 120$

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