$LTC volume is 0.9x the weekly average and most traders read that totally wrong
Price is sitting at 59.7100 right now down 1.6 percent on the day
That dull volume means the move lacks real weight behind it
Look at the daily range between 58.1100 and 60.6500 to see what I mean
When price drifts without volume it usually just means the market is waiting
You can check that 0.9x ratio yourself by dividing today's volume into the seven day average
Never trust a breakout when the volume indicator stays flat
Open
$LTC and set an alert at that level
What volume multiplier do you wait for before opening a trade
#LTC #TradingTips