$LTC A breakdown below $42 will trigger a move toward $30 for LTC.
In the last update, we discussed a potential Wyckoff range on LTC, where the UTAD (orange curve) signaled a bearish trend.
Now that price is back inside the range and threatening to break immediate support at $43.70, doing so will likely test $42.
If we do break below $42, the previous lows will become highly vulnerable, despite occasional minor relief bounces.
A clean range breakdown will lock in $30 as the ultimate target.
In the last update, we discussed a potential Wyckoff range on LTC, where the UTAD (orange curve) signaled a bearish trend.
Now that price is back inside the range and threatening to break immediate support at $43.70, doing so will likely test $42.
If we do break below $42, the previous lows will become highly vulnerable, despite occasional minor relief bounces.
A clean range breakdown will lock in $30 as the ultimate target.