FX.co ★ nelle40 | #Litecoin chart analysis

#Litecoin H4 Murrey levels The asset's price is slowly but steadily continuing the downward direction and is already practically at the support at level 0/8. This direction is also supported by the moving average, which is slightly but still above the price. A move up from the support above the moving average would be a bullish opportunity since prices are at the lows. Breaking the support would clearly be a continuation of the downward direction and in that case one can expect the asset's price to reach supports at levels -1/8 and -2/8. There is little point in looking further for now; we'll see once this target is reached. All the best.