Moto_Trades

Price testing major supply area of downtrend

COINBASE:LTCUSD   Litecoin
Taking a look at the bigger picture using volume profile we can see price is coming to a critical point. We are trading in the heaviest volume range for this recent down trend. I would think if we can get above this 140-170 range the longer outlook will change to bullish. If price is to be rejected we could see further selling and continuation of the downtrend.

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