P_S_trade

LTC-4h. Buyers need $83 to continue growing

Short
BINANCE:LTCUSDT   Litecoin / TetherUS
LTC buyers were able to give a decent answer to the local downward trend on 7 December. 16% rebound is a good result.
However, this fight takes place within the consolidation triangle.

The level of $83 plays an important role. This level plays a brake role. The LTC price does not turn immediately from this mark, but each time it is done with great difficulty.

This time, buyers could only touch this mark. Trading volumes began to increase as they approached the white trend line . However, they are clearly not enough to continue growth. We expect to continue trading inside the triangle and test $71.
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