Cryptolean Litecoin LTC Update
Litecoin found a support at $80.43, the key daily support zone, and we see a bullish reaction from this level.
A bullish reversal from $80.43 is likely, assuming we see bullishness back in
BTC, and will result in a move to re-test $88.82-$92.07.
A bearish break-out of $80.43 will push #LTC price lower towards $73.31, however the price action may be slow and choppy.
Intraday Chart
The LTCUSDT 4-Hour chart is neutral and moving to the key intraday resistance at $87.89.
A bearish rejection of $87.89 will lead to Litecoin price declining to $80.29, the key intraday support.
A bullish break-out of $87.89 will push price to re-test $91.97 and, possibly, higher to $96.84-$100.31, where the price action will be very important.
Support once read!
Thank you.
A bullish reversal from $80.43 is likely, assuming we see bullishness back in
BTC, and will result in a move to re-test $88.82-$92.07. A bearish break-out of $80.43 will push #LTC price lower towards $73.31, however the price action may be slow and choppy.
Intraday Chart
The LTCUSDT 4-Hour chart is neutral and moving to the key intraday resistance at $87.89.
A bearish rejection of $87.89 will lead to Litecoin price declining to $80.29, the key intraday support.
A bullish break-out of $87.89 will push price to re-test $91.97 and, possibly, higher to $96.84-$100.31, where the price action will be very important.
Support once read!
Thank you.
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