LTCBTC - Testing Resistance - More bullish than bearish
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LTC testing the resistance at 50% - 0.0181 - 0.0183 btc
Watch for breakout upwards/downwards.
Looks more bullish than bearish with the squeeze momentum indicator looking positive and MACD crossing over.
Break towards an uptrend should see LTC testing 0.021 - 0.022 levels of major resistance.
Note
Resistance rejected, especially with BTC correction making all alts drop in price. Possible re-test if BTC moves sideways or goes up - worth keeping an eye on this trade
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.