LTCUSD is in a short-term downtrend as we break out of the bear flag.
Further confirmation required to be certain of this.
The break does not currently have sufficient volume, and will need to see more 30min candles open/close to confirm this trend.
Target is in the mid-high teens ($216-$18)
20 minutes into the candle, the volume has not picked up to any substantial level.
There was a small retracement back to the support line on the smaller timeframes however. Interesting to see if this pattern gets confirmed.
Further confirmation required to be certain of this.
The break does not currently have sufficient volume, and will need to see more 30min candles open/close to confirm this trend.
Target is in the mid-high teens ($216-$18)
20 minutes into the candle, the volume has not picked up to any substantial level.
There was a small retracement back to the support line on the smaller timeframes however. Interesting to see if this pattern gets confirmed.