Litecoin Price And Analysis And Chart Data Analyzing

The market and litecoin we was tracking it and the trap was telling us that he was tracking the market higher price we had this ascending line that is on this chart just simply showing us visually that the market was in a upward trend and we broke that trend on the 15st of oct but then look what occurred recently the market came right back up above this ascending line
image source Litecoin is going to hold that line and continuous moving higher price based off the price action based off the volume that i'm seeing into the market i'm just really seeing consolidation of trading hitting litecoin this ascending line that i have drawn on my chart it doesn't look to be relevant it doesn't have any effect on what the trap is trying to do he started the trend back in september and kept it moving higher When the change occurred in litecoin from the continuation of moving higher price to seemingly what looks like consolidation trading the market in litecoin is holding that it is simply trading in between we had a small spat to where the market drive was able to break above that restriction area of about 53.50 or but then it came right back into this consolidation range
Litecoin nothing we're not in a true directional bias for a long-term move when you look at the market on the three-day chart again i don't see a lot really going on into the market in litecoin just really expecting a market to trade in this range here i'm not seeing a breakout movement to the upside i'm not seeing a breakdown movement to the downside let's take a look at the different chart five day again

You don't see too much really going on into the market and litecoin and i will tell you that the market is still healthy it is not that weak the market is definitely not hinting at a massive amount of weakness the market is upholding its own i just don't see it ready for like a massive breakout movement just yet in litecoin that's the five day when you look at the market on the weekly again the market in litecoin doesn't look that bad but it doesn't look good

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