FX.co ★ #Litecoin chart analysis

#Litecoin H4 It's certainly hard to decide after this and, at best, you can only watch and speculate from the sidelines. Currently the asset's prices are at the support 55.33 and the moving average also provides a bit of support to the prices. Therefore this could be an upside move exactly toward the highs that have been drawn here. Resistance at 58.81 in that case can be considered the target of the upside. A move of prices below these supports, if they then manage to hold below, then in that case you can forget about the upside and look toward the support at 51.87. For now, these are just superficial thoughts. All the best to everyone.