LTCUSD in purgatory hell

2018年6月8日

LTCUSD still going back into the triangle, after a couple tests downwards. There are several support/resistance levels at play here : the long term triangle (yellow), the new upwards channel (light green),, resistance of the EMA200 (purple) and the $115 support level. The sideways could go for a while and we need a clear break above $125 or below $115 for an actual new trend to emerge. Make sure to wait for a confirmation before you engage in any big trade.