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LTC/USDT - Potential Drop to Come?

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BYBIT:LTCUSDT.P   LTCUSDT Perpetual Contract
LTC's chart is showing us a bit of a fight here. We've been mapping out lower lows recently, and it's looking like we might not be done yet. We've got our eyes on a full breakdown; if it hits, we're likely to see a dip towards the lower yellow zone there. That's where we think there's a good chance to sweep up some coin on the cheap before any rebound. We just have to wait for the market to show some weakness.

In addition to that, we see those nice selloffs happening and liquidating long-standing position holders.Combined with lower lows, we see a great chance of breakdown to happen!

Swallow Team
Trade ist aktiv:

A nice +5% of market price movement marking as a start of a breakdown and a potential re-test before further movement to lower zones
Kommentar:

After a nice breakdown of 5%, there is a surge for a re-test of the local broken zone

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