FX.co ★ #Litecoin chart analysis

#Litecoin H4 After something like this it's of course hard to make a decision and at best you can watch from the sidelines and speculate. Currently the asset's quotes are at support 55.33 and the moving average is also giving some support to the prices. Therefore this could be an up move toward the highs that have been drawn here. Resistance at 58.81 can in that case be considered the target of the upside. If the quotes fall below these supports, and of course if they are able to settle below afterwards, then in that case you can forget about the upside and look toward the support at 51.87. For now these are, of course, just superficial thoughts. All the best.