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 to be the target of this move, and 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 support at 59.46. Below this level there seems to be no point in watching for now, in my opinion. Expect a test of resistance. Good luck to everyone.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade