LTCUSD testing cloud resistance
Litecoin continues to trade at elevated levels on Tuesday as the fifth largest cryptocurrency attempts to break past the $100.00 resistance barrier. The weekly time frame shows that the LTCUSD pair is testing Ichimoku cloud resistance, which extends up towards the $200.00 level. The weekly time frame also shows that key Ichimoku support is currently located at the $70.00 and $60.00 levels.
The LTCUSD pair is bullish while trading above the $60.00 level, key resistance is found at the $100.00 and $150.00 levels.
If the LTCUSD pair fails before the $100.00 levels, key support is found at the $70.00 and $60.00 levels.
The LTCUSD pair is bullish while trading above the $60.00 level, key resistance is found at the $100.00 and $150.00 levels.
If the LTCUSD pair fails before the $100.00 levels, key support is found at the $70.00 and $60.00 levels.
Related publications
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.