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By looking at the price movement of the Litecoin cryptocurrency on the 4-hour chart which managed to broken above the EMA 20 & EMA 50 and move in a channel that is going upwards and is also confirmed by the appearance of the Bullish 123 pattern which is followed by the appearance of the Bullish Ross Hook (RH), then in time near Litecoin has the potential to be corrected to strengthen the level of 68.30. It will try to be penetrated upwards. If this level is successfully broken, Litecoin will try to test 70.27 as the main target that will be tested and if the momentum and volatility are supportive then the level of 72.27 will be the next target to be aimed at, but if it is on its way towards the targets previously outlined, Litecoin suddenly returns to its initial bias and broken below the 62.18 level, then all the strengthening correction scenarios that have been outlined will become invalid and automatically cancel itself.
(Disclaimer)
*এখানে পোস্ট করা মার্কেট বিশ্লেষণ আপনার সচেতনতা বৃদ্ধির জন্য প্রদান করা হয়, ট্রেড করার নির্দেশনা প্রদানের জন্য প্রদান করা হয় না।
ইন্সটাফরেক্স বিশ্লেষণমূলক পর্যালোচনাগুলো আপনাকে মার্কেট প্রবণতা সম্পর্কে পুরোপুরি সচেতন করবে! ইন্সটাফরেক্সের একজন গ্রাহক হওয়ায়, দক্ষ ট্রেডিং এর জন্য আপনাকে অনেক সেবা বিনামূল্যে প্রদান করা হয়।
