Haven't done an LTC chart in ages since it has gone sideways for over 45 days and I trade trend, so naturally, sideways movement are my enemy. going to keep it short but sweet and sum up all the patterns to watch:
Whenever the price moves up for within the sideways channel several things repeat themselves: -> move down with a triangle pattern. -> EMA acts as resistance. -> the lower it gets to the lower end of the channel the less volatile it becomes. -> At the lower end, its volatility gets tight before it moves up.
Now here are the dangers of this pattern: -> When it does move up it's aggressive. -> The entries are difficult because of the extreme volatility during move-ups. -> The bigger trend is sideways, that trend can break out either way.
Overall it's a wild ride in this channel but I think the patterns are interesting to watch so for that reason I'm posting this chart! Hope it helps you.