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Is this just a fakeout or are we actually headed for the basement?
$LTC is looking pretty indecisive right now. We’ve been stuck in this choppy range and every time we try to push past 55 dollars the sellers just step right back in.
The volume isn't giving me much confidence either. It's sitting around 53.56 and honestly it feels like it’s just drifting. If we can't hold this 53 level then I’m looking at 51.70 as the next spot where we might actually see some buyers.
I’m staying on the sidelines for this one until it decides which way it wants to break. No point in guessing in a sideways market like this.
Keep an eye on that support. It’s the only thing keeping us alive right now.
#GateSquareAprilPostingChallenge