FX.co ★ #Litecoin chart analysis

#Litecoin H4 The asset's quotes at the moment are practically at resistance at the level 70.21 and the moving average which is below the quotes fully supports the upward direction. but in order to continue the upward outlook now it is necessary to overcome this resistance and to consolidate above. It is the consolidation above the level that will be the signal to continue upward toward resistance at the level 81.11, this resistance is a potential target but not necessarily to be reached intraday. The southward direction is worth attention only below support 56.48 and, of course, with consolidation below the level. All the best.