FX.co ★ #Litecoin chart analysis

#Litecoin H4 Well. The price tested support at 66.82 and so far has not broken it and, on the contrary, is drawing a little to the north. But the thing is that above we have resistance from the moving average and it can send prices down again and accordingly they will go to break this support. Continuation of the downward direction in that case will occur upon consolidation of prices below the level. In this situation one can look at the support level 60.50 as the target of the move. And a move up from the current levels above the moving average is an upside opportunity and, as an option, it is worth looking toward the resistance74.80. Good luck to all.