LTC/USD - Price Structure

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What's up everyone, here we have LTC/USD on the 30m chart with a very distinct ascending channel.

The main purpose of this post is to highlight the key price structure within the market... Refer to this chart whether you're going long or short.

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Uwaga
We have now broken and closed below the trendline, if the momentum continues we'll see a drop to $8.

snapshot
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