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FX.co ★ nelle40 | #Litecoin chart analysis

#Litecoin chart analysis

#Litecoin H1 At the moment the asset's prices continue in an upward direction and the moving average, as can be seen, is acting as support for now. I currently consider the resistance at level 63.10 to be the target of this move, and for the upward direction to continue it is necessary to break above and at least hold above that level. The further target to the north is the resistance at level 66.82. A rejection from resistance with prices moving below the moving average would be a move toward the support at level 59.46. Below that level I don't think it's worth watching for now. Expecting a test of the resistance. Good luck to 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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