Litecoin update. Possible retest of trend line in bearish corrective structure!

in cryptocurrency •  6 years ago 

Hello Steemians and my followers,
Litecoin almost a month is moving sideways and this doesn't look bullish!
However I think we may see short term upside to retest descending channel trend line or even a slight break it, but then I expect reverse downwards for lower low below 40$ to complete correction!

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Note: This is not a financial advise or trade call, it's only my personal opinion and arrows in the charts shows just an indication of direction, not the specific points or targets!

Your crypto_analyst
@andriustovis

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