LitecoinUpdated LTCUSD range-bound
Litecoin stuck in a zone between a resistance & support zone both with a confluence of fib levels.
On the top side we have the former triangle base + the slope off the 12th december highs. .618 (14th - 17th) & .618 (8th - 12th)
On the bottom side we have the mid point of the channel which has acted as a good pivot. The .764 (8th - 12th) & .236 (14th - 17th) & .618 (17th - 20th)
Been steady on the RSI trend too.
On the top side we have the former triangle base + the slope off the 12th december highs. .618 (14th - 17th) & .618 (8th - 12th)
On the bottom side we have the mid point of the channel which has acted as a good pivot. The .764 (8th - 12th) & .236 (14th - 17th) & .618 (17th - 20th)
Been steady on the RSI trend too.
Note
retesting lower zone
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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.