LTC/USDT - Potential Drop to Come?

Nov 21, 2023

LTC's chart is showing us a bit of a fight here. We've been mapping out lower lows recently, and it's looking like we might not be done yet. We've got our eyes on a full breakdown; if it hits, we're likely to see a dip towards the lower yellow zone there. That's where we think there's a good chance to sweep up some coin on the cheap before any rebound. We just have to wait for the market to show some weakness.

In addition to that, we see those nice selloffs happening and liquidating long-standing position holders.Combined with lower lows, we see a great chance of breakdown to happen!

Swallow Team

Nov 22, 2023

Trade active

A nice +5% of market price movement marking as a start of a breakdown and a potential re-test before further movement to lower zones

Nov 23, 2023

Note

After a nice breakdown of 5%, there is a surge for a re-test of the local broken zone