* litecoin forms a Double bottom pattern in 1D time frame, double bottom is a trend reversal pattern occurs during bearish market.
* The resistance for the price is near $148, and 50 daily moving average which was above the price since the mid-May is now below the price as support.
* If the price breaks the resistance level $148 we can see a bullish move till $160.
* The resistance for the price is near $148, and 50 daily moving average which was above the price since the mid-May is now below the price as support.
* If the price breaks the resistance level $148 we can see a bullish move till $160.
Trade closed: target reached
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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.
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.