I have been following this since the previous bounce, I have been advising people not to buy into the FOMO once LTC hit $70+ and actually told people to sell at the top of this channel at nearly $74. We are now heading dowards to the bottom of the channel in order to test resistance, a good accumulation zone will be $61-63.
LTC has 3 rejection bars based on daily, I am seeing a pullback to range between 61.32 - 65.27 level on H4. What do you think?
astronautdotgg
⋅
@jeremy.yllim, I completely agree, I have buy orders already set at $62 to profit off of the next bounce :)
jeremy.yllim
⋅
@bobismyname, It has been sitting around 69 to 71 level for the past few days. I am seeing it struggling to bull at the moment based on daily. Hopefully it bearish to the level for more buyers.