30 Min Channel Found within 4 Hr Update3 LTCUSD #ltc #litecoin

Higher time frames dictate we are in an uptrend though pulling back from the 1st target area (red circle). I've found a new channel (yellow) inside of the 4hr (blue) found in the previous charts.

Prices should hold the support zone at 22.78 - 23.50 and respect the new channel (yellow) and begin a new wave toward a retest of the 26.88 - 27 area (2nd red circle).

Should all those levels fail. I would look for shorts below 21.85.

Take this chart and click the link in the top right. Hit "Make it Mine" and then look over it in both 3-4hr time frame and 30 min to get a better feel. GL