BearishCryptos

#litecoin: 56 USDT is a launch pad for higher prices!

Short
BINANCE:LTCUSDT   Litecoin / TetherUS
Because the price is currently in the middle of the range between resistance and support; So it is better not to make any deal but since the last few days; A parallel channel; It has shown strong lines as support and resistance. So the support line is expected to be tested again, in which case it expects a price increase in the medium term. At present, multiple levels of resistance are a barrier to price. So if the price does not fall, it will not be able to experience an increase and will eventually have a very small fluctuation in the range of 58 to 60 in the next few days.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.