Litecoin is pressing in resistance
As I've written in my previous analysis, Litecoin is a coin that I like a lot...
As we can see from the posted chart, after a short-lived drop under the 50 support zone, the coin recovered very quickly and since then, the price action is pretty constructive and is carving an ascending triangle on our chart.
At this moment 60 zone offers support and a break above the 64-65 zone resistance could lead to acceleration to the upside and expose the 75 zone.
As we can see from the posted chart, after a short-lived drop under the 50 support zone, the coin recovered very quickly and since then, the price action is pretty constructive and is carving an ascending triangle on our chart.
At this moment 60 zone offers support and a break above the 64-65 zone resistance could lead to acceleration to the upside and expose the 75 zone.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
🌟 Bust your trading with 50% deposit bonus:
secure.m4markets.com/links/go/5426
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
🌟 Bust your trading with 50% deposit bonus:
secure.m4markets.com/links/go/5426
Disclaimer
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.