#LTC long held trend line is VERY important. Price has NOT CLOSED below it for 9 years now. It has tested below multiple times and failed to break down - This time may be the same but we need to wait the close of the monthly candle to see.\nA close above would be Bullish - Below would be Bearish.\nA Break of $LTC 63 would be devastating as it would eliminate any Hidden Bullish Divergence.\nWait and see or trade with stops either way.\n#FED #InterestRate decision may have a bearing?
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#LTC long held trend line is VERY important. Price has NOT CLOSED below it for 9 years now. It has tested below multiple times and failed to break down - This time may be the same but we need to wait the close of the monthly candle to see.\nA close above would be Bullish - Below would be Bearish.\nA Break of $LTC 63 would be devastating as it would eliminate any Hidden Bullish Divergence.\nWait and see or trade with stops either way.\n#FED #InterestRate decision may have a bearing?