LiteCoin (LTC) :- Trading within a zone of support and facing resistance everytime it hits the upper downtrend line of the parallel channel.
The Downtrend Channel Breakout would signal a move to the previous highs and would confirm a Bull Trend for LTC.
A breakdown from the zone of support would mean that we initiate our short positions as we would then be heading down to the weekly support regions of 141
Stay tuned for further chart analysis and trade updates.