LTCUSD TECHNICAL BREAK BELOW THE $45.00 LEVEL
The LTCUSD pair is under heavy downside pressure for a second consecutive day, with the seventh largest cryptocurrency by market capitalization now trading below the $50.00 level. A clear break the $45.00 support level will trigger a bearish head and shoulders pattern with a downside projection of over $20.00. Sellers will attempt to break the bearish pattern neckline, at $45.00, while buyers need to stabilize the LTCUSD pair above the $56.00 level.
The LTCUSD pair is strongly bearish while trading below the $50.00 level, key support is found at the $45.00 and $40.00 levels.
If the LTCUSD pair moves below the $50.00 level, buyers may test towards the $54.80 and $56.00 resistance levels.
The LTCUSD pair is strongly bearish while trading below the $50.00 level, key support is found at the $45.00 and $40.00 levels.
If the LTCUSD pair moves below the $50.00 level, buyers may test towards the $54.80 and $56.00 resistance levels.
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.