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Trading View May 13, 2022

Litecoin it's in the bear market

Litecoin it's in the bear market

Litecoin it's in the bear market

LTC/USD COINBASE:LTCUSD

harisonhbn9718

In this overview, Litecoin it’s in the bear market and we see that this cryptocurrency it’s leading to the previosuly minimum historical price on 2020 and part of them see on 2018 and 2019.

So, in this weekly timeframe , Litecoin forming a bearish descending triangle and retest of this chartist pattern indicating a bearish trend .

And now, in the monthly timeframe it’s extremely bearish in Litecoin and the trend it’s very clearly that this cryptocurrency it’s dominate by bears in this market.

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