Litecoin (LTC): Price Got Rejected !!!

Litecoin has touched again that upper resistance zone and got rejected from there, where the price is now back trading below that resistance.

We are looking for a potential touch to EMAs here and a possible breakdown from it as well, overall, a downward movement from the current zone, so let's see!

Swallow Team

ความคิดเห็น:

Litecoin is slowly moving to lower zones here, pressuring the price towards EMAs.

Although the movement is pretty slow here, it is consistent, so we keep an eye for a possible sharp move here as well (liquid grab)

ความคิดเห็น:

And we got our sharp movement (liquid grab), which resulted in a touch of a lower trend zone here and also a nice 8% market price movement!