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Litecoin (LTC): Price Got Rejected !!!

Short
LTCUSDT Perpetual Contract (BYBIT:LTCUSDT.P)  
SwallowPremium Updated   
BYBIT:LTCUSDT.P   LTCUSDT Perpetual Contract
Trend Analysis Chart Patterns Technical Indicators
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trendanalysis chartpattern indicator
Litecoin has touched again that upper resistance zone and got rejected from there, where the price is now back trading below that resistance.

We are looking for a potential touch to EMAs here and a possible breakdown from it as well, overall, a downward movement from the current zone, so let's see!

Swallow Team
Comment:
snapshot
Litecoin is slowly moving to lower zones here, pressuring the price towards EMAs.

Although the movement is pretty slow here, it is consistent, so we keep an eye for a possible sharp move here as well (liquid grab)
Comment:
snapshot
And we got our sharp movement (liquid grab), which resulted in a touch of a lower trend zone here and also a nice 8% market price movement!
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