MrKalash

LTC downward channel

Short
MrKalash Updated   
BITFINEX:LTCUSD   Litecoin
4
LTC has had a major manipulated spike up and has now exhausted bulls. Price is riding a channel down and may collapse all the way back to the 4.xx range. Be careful out there.
Comment:
Down channel got busted but it remains to be seen whether this is a new leg up or simply an exit pump by whales. I'm looking for a close above 12.75 to confirm upward continuation.
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