LTC recovery moves eye $233.00 inside rising channel

  • LTC/USD bounces off three-day low inside a bullish chart pattern.
  • A confluence of channel’s support, 50-SMA tests short-term sellers, bulls aim for February’s high.

LTC/USD picks up bids near $218.00, up 1.82% intraday, during early Monday. In doing so, the cryptocurrency pair recovers from the lowest since Friday as RSI pullback from overbought territory catches a breather inside a three-week-old rising channel.

Given the pair’s rejection to the previous…


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