Hey to all.
Today we analyse LTC.
Daily chart - bear priority.
2H - the last balance has gone down and now the price is testing the beginning point of the bear impulse, unsuccessfully so far. Bulls are not strong enough at the moment and with a high probability the price would drop to 68.65. And then you need to look at the reaction of the price to the marked levels and proceed by the rule "If-Then". Noted on the chart how to proceed.
Wish you profits.
Today we analyse LTC.
Daily chart - bear priority.
2H - the last balance has gone down and now the price is testing the beginning point of the bear impulse, unsuccessfully so far. Bulls are not strong enough at the moment and with a high probability the price would drop to 68.65. And then you need to look at the reaction of the price to the marked levels and proceed by the rule "If-Then". Noted on the chart how to proceed.
Wish you profits.