Litecoin remains below major bearish OBs at 100 and 130 with no recovery in structure. RSI and MACD both flat, showing lack of momentum from buyers.
Price failed to reclaim 90 and is consolidating near the lows. As long as this zone remains unclaimed, downside pressure continues.
Structure flipped bearish with no signs of reversal yet.
Bias: Bearish
Pair: LTC/USDT
Timeframe: 12H
This is not financial advice, only data analysis. Please consult a qualified financial professional for personalized guidance.
Price failed to reclaim 90 and is consolidating near the lows. As long as this zone remains unclaimed, downside pressure continues.
Structure flipped bearish with no signs of reversal yet.
Bias: Bearish
Pair: LTC/USDT
Timeframe: 12H
This is not financial advice, only data analysis. Please consult a qualified financial professional for personalized guidance.
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.
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.