LTCUSD Channel built to the downside on the 1HR.

I still am long longterm on litecoin. waiting for it to hit the $500 mark. However I follow the the charts as well short channel formed on the 1HR.

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Still descending on the channel. a break above the $325 should represent a bullish signal. A break below $280 will be a move downward.

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Markets is ranging now providing good buying opportunities for LTC