LTC is showing a classic Bearish Flag. Don't miss the move.
Bearish continuation if preceding move was down.
Gradual reversal from bearish to bullish.
A clear signal has emerged for Litecoin (LTC) on the daily chart. Currently at $43.64, the asset is showing downward momentum (-2.72%). Price action has carved out a classic Bearish Flag. Volume is average (0.73x avg) with moderate trend strength (14.1). A potential breakout level is identified at $40.77, targeting $21.0 with support near $46.31 (R:R 3.57).
What is your outlook on LTC?