FX.co ★ #Litecoin chart analysis

#Litecoin H4 Well. They tested the support at 66.82 and so far have not overcome it and, on the contrary, are drawing a bit upward. But the thing is that above we have resistance from the moving average and it can send prices down again and accordingly they will attempt to break this support. The continuation of the downside in that case will occur if prices sustain below the level. In this situation one can look at the support level 60.50 as the target of the move. And a push from the current levels above the moving average would be an upside opportunity, and as an option it's worth looking toward resistance74.80. All the best to everyone.