egy-forex
18 Feb
18Feb

Classic technical analysis of Litecoin vs. the US dollar

Etcoin rose strongly during the past weeks and broke the resistance level 63 dollars to become a support level by meeting with the bullish sub trend, which will be an important buying point and strong support for the currency. Now the ITCoin is in an uptrend as long as it is above the first upward sub-trend and the highest support level is 63 dollars, i.e. a break of the top, we await the target at 101.40, which will be a selling point based on the last previous resistance

A break of 63 will sell to the next support level at 49.97, which will be the purchase from the pair in conjunction with the main uptrend

The general trend of the Litecoin coin is bullish and bullish outlook




Comments
* The email will not be published on the website.
global-market