Always we have a two trend. Global trend and local. So right now local after power impulse from bitcoin. LTC broke the local uptrend at 1 hour. But 4h still have a bullish possibility. We expect the price to test the local high after rebalance prise in optimal zone.After that we suppose the price continue move with a global trend. Keep watching.
Comment:
The price shaped trend liquidity pools and reacted to the marked point. We expect a downtrend to move with the support zone indicated on the chart. The plan will be canceled if the price overcomes the marked zone above.
Trade closed: stop reached