Solldy

LTCUSD ❕ downward channel

Short
BINANCE:LTCUSDT   Litecoin / TetherUS
Litecoin is moving in a downward channel under liquidity.
The RSI chart is in a downtrend channel just like the price and has recently successfully tested the upper boundary (4H TF)
LTC is testing 50EMA as resistance (4H TF)
I expect the continuation of price decrease if the price fixes under the support.
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.