Litecoin is testing broken B line Support ( Daily Chart).
Background: Double bottom at $ 62.30.
Also testing 4h EMA 50.
4h RSI Hidden Bearish divergence, but RSI it is not overbought yet, .
If the price continues to fall ( after some kind of ABC correction) , next Fibonacci support is around $55.
The information provided here is not financial advic
Background: Double bottom at $ 62.30.
Also testing 4h EMA 50.
4h RSI Hidden Bearish divergence, but RSI it is not overbought yet, .
If the price continues to fall ( after some kind of ABC correction) , next Fibonacci support is around $55.
The information provided here is not financial advic
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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.