All Eyes On Litecoin 👀

Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.

LTC has been stuck inside a range between 80.0 and 100.0

📈 For the bulls to take over from a MACRO perspective, we need a weekly candle close above 100.0

In this case, a movement till the 150.0 would be expected.

📉 Meanwhile, If we break below 80.0 and lower orange trendline, we will expect further bearish movement.

Which scenario is more likely to happen next? and why?

📚 Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich