With the commencement of its recent bullish rally, Litecoin (LTC) finally traded above the 20/50/200 EMA while rising within an ascending channel (white). Meanwhile, the bulls kept testing the $126-resistance.
A sustained close below the $126-mark could propel the alt to retest the $122-$123 zone before the bulls continue their buying spree. Any close below its 20 EMA (red) would lead to a patterned breakdown towards the $120-mark that coincided with its immediate trendline support (white,…
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