P_S_trade

LTC 12h Sold out, it's time to move down

BINANCE:LTCUSDT   Litecoin / TetherUS
Less than a month has passed since the previous LTC idea was published. There we indicated the profitable longs sale zone.
Since the idea has worked out well, it's time to correct it on a shorter time frame.

Therefore, we continue the series of LTC ideas, and all the previous ones can be viewed below in related ideas.

The first LTCUSDT high last month was on 24 November at $94.
The next attempt by buyers to renew the high was unsuccessful. The price stopped at $93 on 1 December. But the volumes were much higher. This suggests that sellers have taken control of the situation.

In accordance with the above data, we rebuild the trend line and take it as a basis.

Buyers will regain control of the situation if they can break and fix the price above $91.
Everything below is in sellers' control zone. And below $71, the fall may accelerate, with the first target of $51.50-57.
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