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FX.co ★ nelle40 | #Litecoin chart analysis

#Litecoin chart analysis

#Litecoin Н4

#Litecoin chart analysis

Litecoin quotes are currently trading at resistance level of 55.50. However, the moving average is still above the quotes, also acting as resistance. This indicates that the price may reverse from these resistance levels and head back south towards the support level at 46.67 as the southern target. Of course, it is clear that a breakout above the resistances, accompanied by a sustained move higher, will signal a continuation of the northern trend, with at least 60.40 as an interesting level and even a possible breakout. Wishing everyone a good mood.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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