Litecoin (LTC): 2 Possible Zones of Rejections / Selling Points
We are back with Litecoin, where the price has bounced from the local dump zone, where the price was heavily oversold.
We saw this kind of pattern already this month so we are here with 2 possible movements.
One with a possible touch of the upper resistance zone, which would stabilize the EMAs and the second one is where our current local support zone will be touched again and broken!
Swallow Team
We saw this kind of pattern already this month so we are here with 2 possible movements.
One with a possible touch of the upper resistance zone, which would stabilize the EMAs and the second one is where our current local support zone will be touched again and broken!
Swallow Team
Uwaga
Litecoin is in the backward zone of liquidity, where the price is looking to break it and possibly move to the upper zones here.
Meanwhile, even though the breakout has not happened, there is still a possibility of seeing a downward movement start from current zones!
Uwaga
Litecoin is back at our small resistance here, testing it.
We are keeping an eye on how price will react to this re-test and from there, we will decide what kind of movement we will see—a re-test to upper resistance or a movement back to the support zone here!
Uwaga
Litecoin had a choppy way but at the end we reached our upper entry zone and price moved from there by a nice 12%.
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Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.