$LTC dipping right here inside this shaded squeeze. Consecutive red dots and downward pressure still lingering on the Daily, but we'll see the bigger picture by the end of the day. I say that because look at the 4HR: when we zoom in on that shaded squeeze, it looks like we may have a possible squeeze fakeout. Shaded squeeze -> breakdown arrow below support -> then an immediate reversal candle. Now, we have to wait and see if that reversal holds and gets confirmed. If it does, it might bounce back above. Ultimately, just be mindful that a move is still in progress; whether that's a fakeout or a real dip, still TBD.

LTC-0.66%
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