FX.co ★ nelle40 | #Litecoin chart analysis

#Litecoin Н4 Murrey Levels.

Currently, Litecoin quotes are trading above the -1/8 level, which clearly suggests a continuation to the north. However, the moving average being above the quotes does not yet indicate a northern direction, as this fact could send the quotes back below the level, resulting in a continuation to the downside. To continue to the north, it seems to me that mere desire is not enough; one needs to move above the moving average and show some sort of drive. I don't know, maybe an impulse is needed for the continuation to the north. Let's keep a close eye on it.