COINBASE:LTCGBP   Litecoin / British Pound
We have seen a nice slow steady drop to the major Green support line. No big dumps (yet).

So Volume is low and that's why we see a steady drop, looking at BTC we can see a large build up of Longs, so what can this mean? A big move coming up soon?

As its the weekend im expecting a possible move up to the box and then back down, but we could see a drop and then up, it is the weekend after all lots of fake brake up and downs.

Over all long term we either move up from this green support level or we could see a large dump down to the twenties.

We are at a very important level at this point I think?

So what do you think?

Trade closed: target reached
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.