Litecoin (LTC) technical analysis:
Trade setup: Price broke back above $90 resistance to resume Uptrend, with upside potential to next resistance zone of $100-105. (set a price alert).
Trend: Downtrend on Medium-Term basis and Uptrend on Short- and Long-Term basis.
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance: Nearest Support Zone is $80 (previous resistance), then $70. The nearest Resistance Zone is $90, which it broke, then $100.
Trade setup: Price broke back above $90 resistance to resume Uptrend, with upside potential to next resistance zone of $100-105. (set a price alert).
Trend: Downtrend on Medium-Term basis and Uptrend on Short- and Long-Term basis.
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance: Nearest Support Zone is $80 (previous resistance), then $70. The nearest Resistance Zone is $90, which it broke, then $100.
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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.