empty
 
 
29.03.2021 07:32 PM
Litecoin advances towards $200.

Litecoin recently made a high around $230 and turned lower towards the key upward sloping trend line at $176. Price briefly broke below the key support and swiftly recaptured it the following day. Price seems to respect the support trend line but bulls need to be aware of the warning by the RSI.

This image is no longer relevant

Red line - support

Blue line- bearish divergence

LTC/USD has so far formed a higher low at the red trend line support once again. Resistance is now found at $208 and next at $230. Bulls need to continue making higher highs and higher lows in order to maintain control of the uptrend. Any break below the red support trend line will be a sign of weakness and combined with the fact that the RSI has made a bearish divergence already, we could next see a deeper decline towards $140-$120. Until then bulls remain in control.

通过InstaForex赚取加密货币汇率变动的收益。
下载MetaTrader 4并开启您的第一笔交易。
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $9000 more!
    In May we raffle $9000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

推荐文章

现在无法通话?
提出您的问题,用 在线帮助.
Widget callback