LTCUSD Neutral At The Momment

٢٢ أغسطس ٢٠٢١

Similar to what Dogecoin is doing, LTC should continue its uptrend to the upside however it has been losing a lot of momentum. Price may bounce from current area (which is not a good area to open a position) or could retrace to the marked area in order to conduct another impulse to the upside, however, as I explained with doge, this could be a risky entry because of the loss of momentum, failure to create a clear higher high on the last impulse. Overall structure remains bullish.