empty
 
 
ms
Sokongan
Pembukaan akaun segera
Platform dagangan
Deposit/Pengeluaran

02.05.202320:58 Analisis Forex & Kajian: Litecoin: downside seems over

Litecoin continues to move sideways in the short term, so we have to wait for fresh opportunities. It's trading at 87.78 at the time of writing. The altcoin could extend its range before developing a strong move.

In the last 24 hours, LTC/USD is up by 1.35% but it's down by 1.83% in the last 7 days. Bitcoin's growth should force Litecoin to grow as well.

LTC/USD Bullish Pattern Violated!

Exchange Rates 02.05.2023 analysis

You knew from my previous analysis that LTC/USD developed a down channel pattern which could announce a new leg higher. The ascending pitchfork's lower median line (lml) represents a dynamic support, so as long as it stays above it, the altcoin could come back higher.

As you can see on the H1 chart, the rate escaped again from the down channel pattern signaling that the downside movement ended and that the buyers could take the lead.

LTC/USD Outlook!

A new higher high, a bullish closure above 91.70 activates further growth. This is seen as a new long opportunity.

* Analisis pasaran yang disiarkan di sini adalah bertujuan untuk meningkatkan kesedaran anda, tetapi tidak untuk memberi arahan untuk membuat perdagangan.

Ralph Shedler,
Analytical expert of InstaSpot
© 2007-2024
Dapatkan manfaat daripada cadangan penganalisis sekarang
Menambah semula akaun dagangan
Buka akaun dagangan

Kajian analisis InstaSpot akan membuat anda mengetahui sepenuhnya aliran pasaran! Sebagai pelanggan InstaSpot, anda disediakan sejumlah besar perkhidmatan percuma untuk dagangan yang cekap.

Tidak boleh bertanya sekarang?
Tanya soalan anda di Ruangan bersembang.