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LTC - possible bounce from bottom of channel

Long
Litecoin (COINBASE:LTCUSD)  
PipEze Updated   
COINBASE:LTCUSD   Litecoin
Trend Analysis Litecoin (Cryptocurrency) LTC LTCUSD
44
20
trendanalysis litecoin ltc ltcusd
LTC reached bottom of the channel.
Volume is falling so as momentum.
Sellers need more power to break channel and drag price down especially Litepay launching next week.
Comment:
8% up since yesterday's low - not bad. The hardest part still ahead of us. LTC has to break through that massive resistance above.
snapshot
Comment:
Apparently Litepay is having problem with card issuer.
We are still in channel so still good, but keep checking as yesterday proved there is lots of sellers on a market who wants drag price down.
Comment:
I see descending triangle.
snapshot
Comment:
We are out of channel for a while, and now LTC is testing support/resistance for another time.
snapshot
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