LITECOIN TECHNICAL ANALYSIS ON H1 TIMEFRAME
Publish Date : 2019/10/16 - 07:22

LITECOIN TECHNICAL ANALYSIS ON H1 TIMEFRAME


Litecoin is testing make-or-break levels at the very bottom of its ascending channel on the 1-hour time frame. Long spikes have formed to signal that buyers are defending the $55 level well, but moving averages suggest that a breakdown might follow.

Stochastic is heading north, so price might follow suit while buyers have some energy left. This could take litecoin up to the top of the channel at $60.

Source:babypips

close Menu
SignIn SignUp
Signals
Forex & Stock