Hello, welcome to this LTC/USDT 1Hr chart update by CRYPTOSANDERS.
I have tried my best to bring the best possible outcome to this chart.
Show some support do hit the like button, follow and comment in the comment section. this motivates me to bring this kind of chart analysis on regular basis.
CHART ANALYSIS:-
In the above-mentioned chart, it is evident that LTC is trading inside the TRIANGLE pattern and bounced from the support zone or the yellow MA.
Currently, LTC facing the upper trend line resistance which, etc must break for some green gains in upcoming hours.
IMO we should wait for the confirmation.
Which will be the break to this triangle pattern and a retest to take a long position.
If it gets a rejection from the resistance trend line then LTC must hold the MA support.
If it fails to hold then this chart will be invalidated
This is not a piece of financial advice.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
thank you.
I have tried my best to bring the best possible outcome to this chart.
Show some support do hit the like button, follow and comment in the comment section. this motivates me to bring this kind of chart analysis on regular basis.
CHART ANALYSIS:-
In the above-mentioned chart, it is evident that LTC is trading inside the TRIANGLE pattern and bounced from the support zone or the yellow MA.
Currently, LTC facing the upper trend line resistance which, etc must break for some green gains in upcoming hours.
IMO we should wait for the confirmation.
Which will be the break to this triangle pattern and a retest to take a long position.
If it gets a rejection from the resistance trend line then LTC must hold the MA support.
If it fails to hold then this chart will be invalidated
This is not a piece of financial advice.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
thank you.
