$LTC major rection to the upside but will breakout soon
Hello traders,
LTCUSD
LTC has been retesting the 117-119 range for a bit on the 4 hour and experiencing major resistance. But as you can see we have long wick and short bodies from sell pressure during the rejection with each attempt as noted which is very bullish.
Each one of these areas will be a good place to take profit in "my opinion". Follows grandpa BTC which is very bullish. Lots of shooting star patterns in sight. I think we will see a rally soon.
LTCUSD
LTC has been retesting the 117-119 range for a bit on the 4 hour and experiencing major resistance. But as you can see we have long wick and short bodies from sell pressure during the rejection with each attempt as noted which is very bullish. Each one of these areas will be a good place to take profit in "my opinion". Follows grandpa BTC which is very bullish. Lots of shooting star patterns in sight. I think we will see a rally soon.