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FX.co ★ nelle40 | #Litecoin chart analysis

#Litecoin chart analysis

#Litecoin H4 Murrey levels The asset's prices are slowly but steadily continuing southward and are already practically at the support level 0/8. This direction is also supported by the moving average, which is slightly but still above the prices. A move up from the support above the moving average would be an upside opportunity since prices are at the bottom. Breaking the support would clearly continue the southward direction, and in that case the asset's prices can be expected at supports at levels -1/8 and -2/8. There's little point in looking further for now; we'll wait until this target is actually reached. All the best.

#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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