Binance Hot list coin August 11, 2020 : LTCUSDT #2

There are 2 significant things that I want to give the highlight for litecoin. The first one is that the price is trending inside the huge uptrend channel which give the indication that the bulls are still have much control on this coin. The second thing is that the price is trending slightly above the blue support zone which is the area of .382 fibonacci level. If the price doesn't break below this level, I will expect an upside moves potentially testing the interim swing high.