Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Reason for the most recent candle was CPI number release. Not TA related. You have to understand that for LTC to drop further here you are requiring nearly all buyers from 2017 onwards to sell at a loss. If you look at the amount of holders in the money and the average amount of time this coin is held this does not coincide with the analysis. We appear to be in an accumulation zone right now. We may retest the bottom but not expecting further down side for LTC without a new black swan event taking place.