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FX.co ★ nelle40 | #Litecoin chart analysis

#Litecoin chart analysis

#Litecoin H1 At the moment the asset's quotes continue moving north 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 in order to continue upward it is necessary to break above and at least consolidate above that level. The further 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. I don't think there's any point in looking below this level for now. We expect a test of resistance. Wishing everyone well.

#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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