LTC/USD made a steep upward channel between 31/07 - 10/08 (channel 1) and followed by a correction to trendline before continuing its overall bullish trend. Now channel 2 may be re-emerging and if the pattern is repeating itself, then 47.640 may be a good place to re-enter long.
I have longs since 43.
I have longs since 43.
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