Lovely Lola here with you again with a technical structure Litecoin analysis.
Having taken a look at multiple timeframe I came up with this structure analysis.
The local uptrend in a channel, with a sub-UPTEND in a smaller channel below, which acts as a massive support.
The two circles indicate Ltc behaviour near the lower channel and the rectangle indicates the area of enering into the short trade, after the circle behaviour plays out.
Like comment subscribe and share!
Take care,
Yours truly
Lola
Having taken a look at multiple timeframe I came up with this structure analysis.
The local uptrend in a channel, with a sub-UPTEND in a smaller channel below, which acts as a massive support.
The two circles indicate Ltc behaviour near the lower channel and the rectangle indicates the area of enering into the short trade, after the circle behaviour plays out.
Like comment subscribe and share!
Take care,
Yours truly
Lola