Litecoin is moving in an upward channel between two liquidity zones. Trading volumes are declining. Price is above large liquidity and testing a strong support level. 50MA has broken down the 100MA (30m TF) Price has broken down 50MA (1H TF). TD Sequential indicator has formed a reversal signal down (1H and 1D TFs) Price and RSI formed a bearish divergence (1H TF) I expect that the price in the hunt for liquidity may now dip to the lower boundary of the channel after fixing under the support level.
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