Litecoin is at the crucial supportzone of 46$-49$ Zone. The recent Swing low from 83$ to 47$ was 78.60% retracement of the last Swing high. If litecoin stays above this support zone between 46$-49$ and the horizontal trend support line for more than one day. We can buy or initiate a long position from this zone.
We trade globally within the rising channel Candlelight appears bullish! OdPodshenie to the level of resistance! Accumulation of volumes! The Fibo level is met with linear resistance. This was a very important point: it gave us a signal of a reversal and support of the support level. I advise the poet to wait for the resistance and Fibo level to break...
LTCUSDT : Head & Shoulder Break out Note: This is only for Educational Purpose this is not Investment advice.
Yesterday, the halving happened and the LiteCoin pumped to reach 106. We can see on the one hour chart a Bullish Hammer that shows us that we're in an uptrend. $LTC WILL GO UP !