Litecoin has been showing some strength, yet near the resistance zone (current market price), we are not seeing any resistance there.
We are looking for a clena breakout there and a potential movement to the upper zones, but if we fail to breakout, we will see a re-test at the lower support line!
Swallow Team
We are looking for a clena breakout there and a potential movement to the upper zones, but if we fail to breakout, we will see a re-test at the lower support line!
Swallow Team
Nota
Litecoin has made a nice small 7% of movement here, breaking that zone.
Now we are seeing the first re-test we were waiting for; upon breaking it, we will see a movement towards EMAs, yet if we hold it, we will see a movement to the upper zones towards the resistance line.
Nota
After 7% of movement, we had our first successful re-test, which pushed the price back to the upper zones.
If we manage to hold this one out here, then we will see a nice steady movement to upper resistance zone (from where we might be looking for a short)
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🚨 Authentic Traders
⚡️ Short-Term + Mid-Term Trades
Keep an eye on us and you will not regret it. 😉
Telegram: t.me/+fiEDSn7M9pJkODA0
⚡️ Short-Term + Mid-Term Trades
Keep an eye on us and you will not regret it. 😉
Telegram: t.me/+fiEDSn7M9pJkODA0
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.