SenorRichie

Large accumulation rate

SenorRichie Uppdaterad   
BINANCE:LTCUSDT.P   Litecoin / TetherUS PERPETUAL CONTRACT
If you use a simple technical analysis of the price, you will notice that between the prices 187 and 169 (approximately) a flat channel has formed, which lasts a whole month.

All that is included in the accumulation is the already completed trades of traders and limit orders, which, sooner or later, will break the price in one direction, outside the channel.

As I showed on the price chart, the best solution is to wait for a test of one of the accumulation levels and start opening positions.
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you can see a similar picture on other coins
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