LTCUSDT Perpetual Contract
Short
Updated

Litecoin (LTC): Broke EMAs (Good Moment For Sell)?

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Litecoin has finally broken EMAs on a 4-hour timeframe.

Now we are seeing a price move to that trend line where we might see some struggle, but we want it to be broken.

As soon as we break it and secure it, would be a good downward fall from there as well!!

If we somehow manage to hold it, then a movement back to upper resistance will be more reasonable!

Swallow Team
Note
snapshot
Litecoin is re-testing the broken EMAs, and we are expecting to see a rejection (a successful re-test) and further movement to the lower trend line here!
Note
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Litecoin has gone for another attempt at breakout here while it dropped to our green line (although we wanted to see a touch of trend).

We had some sort of fall for sure, but we will be keeping an eye on the current market price and EMA, which is being tested right now!

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