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LTC - possible bounce from bottom of channel

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COINBASE:LTCUSD   Litecoin
LTC reached bottom of the channel.
Volume is falling so as momentum.
Sellers need more power to break channel and drag price down especially Litepay launching next week.
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8% up since yesterday's low - not bad. The hardest part still ahead of us. LTC has to break through that massive resistance above.
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Apparently Litepay is having problem with card issuer.
We are still in channel so still good, but keep checking as yesterday proved there is lots of sellers on a market who wants drag price down.
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I see descending triangle.
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We are out of channel for a while, and now LTC is testing support/resistance for another time.
Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.