LTCUSD fails at range top
Litecoin is starting to trade lower on Wednesday after buyers once again failed to break above the technically important $33.00 level. Technical indicators are starting to turn lower, which may signal that the LTCUSD pair is ready to the bottom end of its trading range. A large head and shoulders pattern with a $10.00 downside projection is still valid on the four-hour time frame.
The LTCUSD pair is only bullish while trading above the $33.00 level, key resistance is found at the $36.00 and $40.00 levels.
If the LTCUSD pair trades below the $28.00, sellers may test towards the $25.00 and $18.00 support levels.
The LTCUSD pair is only bullish while trading above the $33.00 level, key resistance is found at the $36.00 and $40.00 levels.
If the LTCUSD pair trades below the $28.00, sellers may test towards the $25.00 and $18.00 support levels.
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.