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Lite coin (LTC) - May 10

BITFINEX:LTCBTC   Litecoin/Bitcoin
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Bitcoin Halving has about 3 days left.
I think it is necessary to prepare for the sudden movement of BTC.

We believe that the upward trend line (1) should lead to further flow.

We need to make sure we can quickly climb above the 0.005346 point.
If it doesn't rise above the 0.005346 point, it is expected to continue dropping to touch the 0.002750 point.

LTC forms a large box segment in the BTC market.
If you can get support at the bottom of the box section at 0.006811, I think there is a possibility that a new wave will be created.

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Rather than deciding to which point it will rise, I hope now that we can decide where to keep our profits and losses and close the upward trend with good results.

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See support, resistance, and abbreviation points.
Support or resistance is based on the closing price on the 1D chart.

Description of abbreviations shown in chart
R: A resistance point or section where a countermeasure is needed to preserve revenue.
S-L: Stop-Loss point or section
S: A point or section that can be purchased for profit generation as a support point or section

[Example of exchange chart setup]

(Binance)
www.tradingview.com/x/S94aDxa8

(Upbit)
www.tradingview.com/x/DF6cGh3G/
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