💲 Litecoin First Significant Rsistance 💲
💲 Litecoin First Significant Rsistance
💲 Nearest strong support zone: around the 0.236 fibo level of the downward wave.
💲 Nearest strong resistance zone: around the 0.236 fibo level of the downward wave.
💲 Technical environment:
- Moving averages: uptrend
- MACD: Uptrend
- RSI: Uptrend
💲 Price action: Litecoin has once again attacked the recent rally as well as the entire cryptocurrency market, there is a good chance for the uptrend to continue after such sharp increases during Friday's trading session.
💲 The scenario I'm playing out is a continuation of the upward trend on litecoin in the vicinity of $130. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
💲 Please do not suggest the path I have outlined with lines it is only a hypothetical scenario.
🚀 If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile. 🚀
💲 Nearest strong support zone: around the 0.236 fibo level of the downward wave.
💲 Nearest strong resistance zone: around the 0.236 fibo level of the downward wave.
💲 Technical environment:
- Moving averages: uptrend
- MACD: Uptrend
- RSI: Uptrend
💲 Price action: Litecoin has once again attacked the recent rally as well as the entire cryptocurrency market, there is a good chance for the uptrend to continue after such sharp increases during Friday's trading session.
💲 The scenario I'm playing out is a continuation of the upward trend on litecoin in the vicinity of $130. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
💲 Please do not suggest the path I have outlined with lines it is only a hypothetical scenario.
🚀 If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile. 🚀
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💲 To keep up to date with all my activities I invite you to visit my Telegram 💲
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Disclaimer
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💲 To keep up to date with all my activities I invite you to visit my Telegram 💲
💲 t.me/Investmatez 💲
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💲 To keep up to date with all my activities I invite you to visit my Telegram 💲
💲 t.me/Investmatez 💲
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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.