Litecoin To Challenge Resistance (Can It Go Up?)
Updated
Litecoin (LTCH19) is moving to challenge its overhead resistance sitting at 0.00978.
If this resistance can be broken with strength, expect additional bullish action from Litecoin (LTCBTC).
Conditions for change: If Litecoin (LTCH19) to break and close above 0.00978, you can expect a retrace to ensue and EMA10 to be tested next as support at which point a new analysis is needed.
Note: This is a short term analysis and is intended to give you an advanced warning of an upcoming move.
You believe will move up from here?
Share your opinion in the comments section below or post if you have any questions or charts to share.
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Namaste.
If this resistance can be broken with strength, expect additional bullish action from Litecoin (LTCBTC).
Conditions for change: If Litecoin (LTCH19) to break and close above 0.00978, you can expect a retrace to ensue and EMA10 to be tested next as support at which point a new analysis is needed.
Note: This is a short term analysis and is intended to give you an advanced warning of an upcoming move.
You believe will move up from here?
Share your opinion in the comments section below or post if you have any questions or charts to share.
Hit LIKE if you enjoyed this information.
Namaste.
Note
Litecoin broke its overhead resistance with massive strength. Expect additional bullish action from this altcoin: Note
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