From the chart you can see that Litecoin has been in a steep trend but it's not without it's many corrections. As we've hit the upper limit of the channel, price needs to correct for the next move up. Best place would be the channel support where we have the 78.6% fibonacci.
In the meantime, we can look for bearish price action and short it to the channel support.
In the meantime, we can look for bearish price action and short it to the channel support.
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