Litecoin Price Trapped In a Make-or-Break Situation; Watch this Before Buying

On September 18th, the Litecoin price triggered a rising parallel channel pattern with the breakdown of the long-coming support trendline. However, the price is currently stuck in a retest phase, and the lower price rejection candles there indicate weakness in buyer’s commitment. Thus, the interest needs better confirmation before they position their fund in LTC.

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Author: toutiao