LTCUSD ❕ trading in range
LTC is moving in the liquidity zone and is now aiming for the lower limit, but there are too many arguments against it.
BB indicator - we are in the middle of the channel after overbought (4H TF)
200MA acts as support (1H TF)
TD Sequential - an upward reversal is formed (1H TF)
Main MAs - bullish sentiment (30m TF)
BB indicator - oversold (30m TF)
TD Sequential - an upward reversal is formed (30m TF)
The price is above the liquidity.
LTC declines on declining trading volumes.
I expect that if LTC holds the support level and 200MA at 1H Timeframe, then we will continue the rebound.
BB indicator - we are in the middle of the channel after overbought (4H TF)
200MA acts as support (1H TF)
TD Sequential - an upward reversal is formed (1H TF)
Main MAs - bullish sentiment (30m TF)
BB indicator - oversold (30m TF)
TD Sequential - an upward reversal is formed (30m TF)
The price is above the liquidity.
LTC declines on declining trading volumes.
I expect that if LTC holds the support level and 200MA at 1H Timeframe, then we will continue the rebound.
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