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FX.co ★ #Litecoin chart analysis

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Trader Journals:::2026-11-08T15:57:10

#Litecoin chart analysis

#Litecoin / Litecoin / LTCUSD - remains in effect a bear panther to the downside, which is not overlapped by a bull panther for an upward move, as in Ethereum and Bitcoin. Here a bear panther to the downside was formed on October 29, 2026, and since then sellers have only been pushing the price down. There hasn't been a single close above the previous day's high that wasn't accompanied by a breach of the previous day's low. Targets reached: 52.77, 51.99, 51.25. Set a new downside target at 50.98. It will most likely be reached tomorrow. Intermediate target for the decline is 51.54. There is no bull panther formed here to forecast a price increase. Therefore I forecast a price decline. The current resistance level is around 56.95.

#Litecoin chart analysis

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