LTC has been trading in a range that can be considered a Wyckoff accumulation zone, where whales buy LTCs from shaken and frightened plebs. The dump can just be a liquidity test to shake out the final plebs' weak hands.
But to avoid sounding permanently bullish, I have drawn a bearish scenario.
My prior idea,below, was right, where I grudgingly considered a drop to $55.
But to avoid sounding permanently bullish, I have drawn a bearish scenario.
My prior idea,below, was right, where I grudgingly considered a drop to $55.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.