LTCUSDt is inside the ascending channel

The price is trying to hold the ascending channel above the 55$ area after a clear rejection from the 64$ level.

How to approach it?
IF the price is going to lose the support and retest it as new resistance the price could rest the weekly support again
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Follow the Shrimp 🦐

Keep in mind.

• 🟣 Purple structure -> Monthly structure.
  
• 🔴 Red structure -> Weekly structure.
  
• 🔵 Blue structure -> Daily structure.
  
• 🟡 Yellow structure -> 4h structure.
  

تعليق:

The price followed my arrow and printed 10% so far

تعليق:

a clear breakout from the dynamic support and now the price is testing the weekly support as I told you.
More down if the price lose the support

تعليق:

MTB and CPS and clear 10%.
More if the price is going to lose the support

تعليق:

a clear 10% and now the price is testing the weekly support.
More if the price is going to have a breakdown
Congrats Planctoners!