FenzoFx—Litecoin climbed from $85.7 and is currently testing resistance at $88.5. The market remains bullish above $84.5, a support backed by the Fair Value Gap.
If bulls manage a close above $88.5, momentum may build toward last week's high at $92.3. However, a drop and stabilization below $84.5 would shift focus to the weekly low at $82.4.
If bulls manage a close above $88.5, momentum may build toward last week's high at $92.3. However, a drop and stabilization below $84.5 would shift focus to the weekly low at $82.4.
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Knowledge Should Be Free – And So Is Your Path to Trading Success.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.