FX.co ★ #Litecoin chart analysis

#Litecoin H4 So. We tested support at 66.82 and so far prices haven't broken it and are instead moving a little to the upside. But the thing is that above we have resistance from the moving average and it could send prices down again and accordingly they may go on to break this support. Continuation of the downward move in that case will occur if prices consolidate below the level. In this situation one could look at the support level 60.50 as the target of the move. And a move from the current levels above the moving average would be upside potential, and as an option it's worth looking toward the resistance74.80. Good luck to everyone.