This was a brief (10 minute) video to point out what we see in the near, medium and long term for LTCUSDT . The Near (short) term does look like more downward pressure to me. I'm posting another chart for the 12h to point out the Phoneix TSI Short Cycle indicates downward pressure is likely to commence soon but not guaranteed. As for Medium Term; we're in the process of trades WITHIN a trading range for the purpose of accumulation. Long term outlooks suggests the bottom is in and we're in Phase B of Accumulation. We do not expect a Sign of Strength in Phase D of accumulation until during or shortly after the Litecoin Block Halving Event. I'll post that 12h chart with Phoenix TSI Short Cycle indicator shortly.
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Happy Trading, Everyone!
Daily TF once more: