In my previous LTC post I argued that LTC is currently residing in a bearish triangle. Also, LTC failed to pierce through the upper triangle resistance, producing a double top pattern. Two strong bearish chart patterns in a row.
This trade is based on the premise that LTC will fall back to the triangle support area around $120. Do your own due diligence.
Happy trading!
This trade is based on the premise that LTC will fall back to the triangle support area around $120. Do your own due diligence.
Happy trading!
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