LTC has been in a downward sloping channel for a couple of months, but looks on the verge of breaking out. Furthermore, if it can reclaim the weekly S/R level, the bottom might be in on this one. The ideal scenario would be a break out of the channel in the coming days and a retest of the weekly S/R level.
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.