FX.co ★ nelle40 | #Litecoin chart analysis
#Litecoin chart analysis
#Litecoin H1 At the moment the asset's price continues northward and the moving average, as can be seen, is acting as support for now. I currently consider the resistance at 63.10 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 next target to the north is the resistance at 66.82. A rejection from resistance with prices moving below the moving average would be a move toward the support at 59.46. Below that level, in my opinion, there is no point in looking for now. Expecting a test of resistance. All the best to everyone.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade