For the last days Litecoin has been ranging. We are probably reaching the end of the bull cycle. It seems like LTC is in distribution phase. The move above the range was probably a deviation above the range high, the level that price is now rejecting. A sharp move bellow the Equilibrium would confirm our scenario that LTC is seeking liquidity bellow.
This setup is invalidated if price manages to close above 1255.
This setup is invalidated if price manages to close above 1255.
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Binance reg.link: www.binance.com/?ref=36253371
Join our Discord: discord.gg/nqSJFKc
Make a Tradingview account: tradingview.go2cloud.org/aff_c?offer_id=2&aff_id=13523