LTC/USDT , it's a bear Trap or price will growth again ?!
as you can see i show 2 scenarios in the chart .
first one is the bull with the green color and the 2nd one is the bears push with red color.
in bulls scenario, as you can see , i think the price will get support about $100-$98 , and will grow as you can see in the chart.
in another scenario, the bears push as you can see after a straight drop to first target about 100$,there is a support line , but because the bears push so much after maybe 5hrs the price will drop again under $100 , about 91$ .
if you wanna to now my opinion, i think the price will drop more and more and a huge price correction is on the way ...
so be aware about the chart movements and if the price got upper than 112$ enter in long position and if the price got under 98$ enter in the short position.
this idea will update again after a little bit later > Good LUCK
first one is the bull with the green color and the 2nd one is the bears push with red color.
in bulls scenario, as you can see , i think the price will get support about $100-$98 , and will grow as you can see in the chart.
in another scenario, the bears push as you can see after a straight drop to first target about 100$,there is a support line , but because the bears push so much after maybe 5hrs the price will drop again under $100 , about 91$ .
if you wanna to now my opinion, i think the price will drop more and more and a huge price correction is on the way ...
so be aware about the chart movements and if the price got upper than 112$ enter in long position and if the price got under 98$ enter in the short position.
this idea will update again after a little bit later > Good LUCK