New Litecoin Buying Scenario .
Litecoin is still moving in a corrective path
in the form of a descending price channel, as shown on the chart.
We previously discussed the possibility of buying from demand zones.
However, the demand zones may not be tested currently.
Therefore, if the descending price channel is broken, a bullish flag pattern
will be used to support the upward movement.
Therefore, if the price closes above the descending channel,
it is expected to reach the specified targets at 108 and 117, respectively.
It may also target reaching the supply zones shown above
which are located at approximately 122 levels.
