FX.co ★ #Litecoin chart analysis

#Litecoin H4 Well. Support at 66.82 was tested and so far they are not overcoming it and, on the contrary, are edging slightly higher. 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. The continuation of the southward direction in that case will occur if prices consolidate below the level. In this situation one can look at the support level 60.50 as the target of the move. And a move from the current levels above the moving average is upside potential and, as an option, it is worth looking toward resistance74.80. All the best to everyone.