Beware of robber banks (RB), bad advisors.
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Litecoin’s fate hangs in the balance as golden cross nears end
The ongoing bearishness in the market has confined the Litecoin bulls below the $35-range. At press time, the silver coin was priced at $33.18, meaning it had lost nearly 47% of its value from its 2020-high. LTC 4-Hour Chart image Following several market corrections, LTC bulls have been trapped in the descending channel pattern which took shape from 13 March, a shape that still holds form even today. The price candles found themselves severely resisted by the downward sloping line of the pattern, and the formation of this channel on LTC’s 4-hour chart was indicative of a bearish breakout for the coin in the ... (full story)