Litecoin: One Day from halving and Sellers seem to Dominate
The price is still in the triangular structure, and the latest bullish candle low has not been violated. MACD is still bullish, althogh weakening( MACD histogram's bars shrinking). We think the Halving Event has created uneasiness, thus, increasing the selling pressure. For buyers: the price needs to create another bullish candlestick. Sellers should wait till the price closes below the low of the last bulluish candle (at least).