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Crypto Technicals: LTC/USD Technical Analysis Summary

Wednesday, September 25, 2019 12:20 PM UTC

XRP/USD chart - Trading View

Exchange - Coinbase

Major Support Levels:
S1: 53.00 (Trendline)
S2: 48.67 (78.6% Fib)
S3: 42.40 (Feb 27 low)

Major Resistance Levels:
R1: 57.97 (21H EMA)
R2: 64.38 (5-DMA)
R3: 69.47 (61.8% Fib)

Summary: LTC/USD is holding support at 53.00 (falling trendline). Potential 'Doji Morning Star' and oversold oscillators suggest warning signs of pullback in the pair. Decisive break below 53 (trendline support) confirms further weakness.

Guidance: Stay short on decisive break below 53.00, stop loss: 58.00, target-1: 48.75, target-2: 43.00.

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Crypto Technicals: LTC/USD Technical Analysis Summary

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