There is a clear pattern forming here. After touching the the top of the channel twice the decent begins. Also if we do start this down trend pay close attention to the $35-34 area . This is crypto so honestly anything is possible at this point but the lines tell me to sell. Trade with caution!
This is an adjusted chart from the one yesterday. It does not look good for LTC short term but if we can break the 43-44 level we might be alright. Good LUCK!
Im not sure if this trend is going to continue for much longer but it looks promising. As always Trade with caution!
On the 1 hour chart the down trend continues. I think we will continue to see something similar to this down trend for the next few days until we reach somewhere in 38ish range. Trade with caution!
Lets see how this plays out!
This trend we are currently following looks very similar in volume and price fluctuation to the one we saw back from May 3 - May 27. This is just my personal opinion. Trade with caution.