Litecoin (LTC) technical analysis:
Trade setup: Following a breakout from a Symmetrical Triangle, price reached $115 resistance where it got rejected. Now it’s broken back below 200-day Moving Average (~$90), which puts the uptrend at risk. We need to see the price regain that level to signal uptrend resumption, with upside to $115.
Trend: Downtrend on Short-Term basis, Neutral on Medium-Term basis and Uptrend on Long-Term basis.
Momentum is Bearish ( MACD Line is below MACD Signal Line, and RSI is below 45).
Support and Resistance: Nearest Support Zone is $90, which it broke, then $80. The nearest Resistance Zone is $105, then $115.
Trade setup: Following a breakout from a Symmetrical Triangle, price reached $115 resistance where it got rejected. Now it’s broken back below 200-day Moving Average (~$90), which puts the uptrend at risk. We need to see the price regain that level to signal uptrend resumption, with upside to $115.
Trend: Downtrend on Short-Term basis, Neutral on Medium-Term basis and Uptrend on Long-Term basis.
Momentum is Bearish ( MACD Line is below MACD Signal Line, and RSI is below 45).
Support and Resistance: Nearest Support Zone is $90, which it broke, then $80. The nearest Resistance Zone is $105, then $115.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
