InkyGrip

LTCUSDt is inside the ascending channel

InkyGrip Updated   
BINANCE:LTCUSDT   Litecoin / TetherUS
The price is trying to hold the ascending channel above the 55$ area after a clear rejection from the 64$ level.

How to approach it?
IF the price is going to lose the support and retest it as new resistance the price could rest the weekly support again
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Follow the Shrimp 🦐

Keep in mind.
  • 🟣 Purple structure -> Monthly structure.
  • 🔴 Red structure -> Weekly structure.
  • 🔵 Blue structure -> Daily structure.
  • 🟡 Yellow structure -> 4h structure.
Comment:
The price followed my arrow and printed 10% so far
Comment:
a clear breakout from the dynamic support and now the price is testing the weekly support as I told you.
More down if the price lose the support
Comment:
MTB and CPS and clear 10%.
More if the price is going to lose the support
Comment:
a clear 10% and now the price is testing the weekly support.
More if the price is going to have a breakdown
Congrats Planctoners!
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