#LTC Update ❤️👇
The rounding top pattern we highlighted on $LTC is playing out as expected. After failing to hold above the local highs and compressing near support, $LTC broke down and has already dropped -5.65% so far, with momentum still favoring the downside.
Structure remains bearish while $LTC stays below the neckline and short-term moving averages. Expecting more continuation in the coming sessions as sellers stay in control.
Watching the next support levels closely.
The rounding top pattern we highlighted on $LTC is playing out as expected. After failing to hold above the local highs and compressing near support, $LTC broke down and has already dropped -5.65% so far, with momentum still favoring the downside.
Structure remains bearish while $LTC stays below the neckline and short-term moving averages. Expecting more continuation in the coming sessions as sellers stay in control.
Watching the next support levels closely.