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FX.co ★ nelle40 | #Litecoin chart analysis

#Litecoin chart analysis

#Litecoin / Litecoin / LTCUSD - remains in effect the bearish panther for a price decline, which is not overridden by a bullish panther for a rise, as with Ether and Bitcoin. Here the bearish panther for the decline formed on October 29, 2026, and since then sellers have only been pushing the price down. There hasn't been a single close above the previous day's high without the previous day's low also being broken. Targets 52.77, 51.99, 51.25 have been reached. A new target for the price decline of 50.98 has been set. This is most likely what we'll reach tomorrow. The intermediate target for the price decline is 51.54. There is no formation of a bullish panther here to forecast a price rise. Therefore I forecast a price decline. The current resistance level is around 56.95.

#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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