LTC Trading idea

Hi everyone, if you like this analysis then put a Like to support us.

While the price in consolidation is difficult to say exactly where it will go next.
The main trend is to further decrease to level $ 47, as the chart shows the Bearish Flag pattern.

But if sellers are able to fix a price above the support level of $ 52, then the price will rise further.

There is also an option that may be a false breakthrough of the trend line of resistance and then the price will go back to the channel and will be above the resistance level of $ 50.85.
_________________________________________
This analysis and more in our Telegram channel.
Also, don't forget to visit our profile.