Here LTC touches resistance in 3 forms
1. Red line in chart is major price resistance where sellers with high volume can come.
2. RSI is 70+ (Overbought)
3. LTC chart moving in a parallel channel and touching channel resistance.
These are the most common and easy technical which all traders follow. If most of peoples of market follows these then we can see a sharp fall in prices.
please follow me if you want ideas like this.
1. Red line in chart is major price resistance where sellers with high volume can come.
2. RSI is 70+ (Overbought)
3. LTC chart moving in a parallel channel and touching channel resistance.
These are the most common and easy technical which all traders follow. If most of peoples of market follows these then we can see a sharp fall in prices.
please follow me if you want ideas like this.