$LTC Heads up, we have yet another squeeze fakeout situation for Litecoin, as well. There's a clear downtrend channel we're in, so we do need to break it, but all of the right signs are there.
We've got a breakout to the downside after a very large amount of pent-up pressure, which creates a reversal at the bottom and is now getting released to the upside instead. We're retesting the 21SMA with a green dot attempting to print and back over the track line. MACD looks ready also. Let's see if we can break above these next couple of resistance levels and then it's game on 🫡