FX.co ★ nelle40 | #Litecoin chart analysis

#Litecoin H4 The asset has somewhat stalled and is now trading almost in place. At the same time, as can be seen, the moving average can still slightly support a downward move, and in that situation the price may head to the support at 52.79. Resistance for us right now is the level 57.73. So there is no promising direction yet and we expect prices to break out to one side or the other, that is, beyond the level. Then, if it manages to hold beyond the broken level, that hold will be the signal to continue the move. In short, I'm just an observer for now. All the best to everyone.