Price action is currently under bearish
forces, heading towards the rising trendline for a retest and bounce to upper levels. We could appreciate a compelling bullish
momentum in most cryptos as they already test their support levels.
Then is Litecoin can manage the breakout of the resistance level
from the rising triangle formation, this could bring the price to the 62$ handle
S/L: 320 pips - R:R | 1:2.7 -
T/P: aiming towards the resistance from the ascending triangle