LTCUSDT hasn't been heard from Litecoin for a long time. Short review: We see two descending channels, which show us an accelerated fall of the cryptocoin. One channel (the first) was broken down and a new one is being formed under it, which uses the support of the old one as a resistance.
Against the background of increased volatility, the price forms an increase to the resistance of the descending channel and, after a false breakdown of the resistance zone of 54.5, it consolidates below the level
I assume the price is trending. In the medium term, I am interested in the liquidity and support zone 37.1
Keep it up! After the latest asset movements, this scenario is more appropriate than ever. I wonder if you use leading indicators to confirm your ideas?