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FX.co ★ nelle40 | #Litecoin chart analysis

#Litecoin chart analysis

#Litecoin H1 At the moment the asset's quotes continue northward and the moving average, as can be seen, is serving as support for now. I currently consider the resistance at 63.10 to be the target of this move, and in order to continue upward it is necessary to break above and at least hold above that level. The further target to the north is the resistance at 66.82. A rebound from resistance with prices moving below the moving average would be a move toward support at 59.46. It seems to me there's no point in looking below that level for now. We expect a test of the resistance. Good luck everyone.

#Litecoin chart analysis

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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