FX.co ★ #Litecoin chart analysis

#Litecoin H4 The asset has somewhat stalled and is currently trading almost sideways. At the same time, as you can see, the moving average may still somewhat support the downside, and in such a situation the price could move toward the support at 52.79. Resistance for us right now is the level 57.73. So there’s no clear direction yet, and we expect a breakout of prices to one side or the other, i.e., beyond the level. Afterwards, if it manages to hold beyond the broken level, that holding will be the signal to continue the move. In short, I’m an observer for now. All the best to everyone.