Digital Currency / Technicals
Add as a preferred source on GoogleCrypto Technicals: LTC/USD extends sideways above 55-EMA (70.50), bias neutral
LTC/USD chart - Trading View Exchange - Coinbase Support: 70.50 (55-EMA); Resistance: 79 (Trendline) Technical Analysis: Bias Neutral - LTC/USD extends sideways grind, finds strong support at 55-EMA and daily cloud - Tec…
By FxWirePro Team
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LTC/USD chart - Trading View
Exchange - Coinbase
Support: 70.50 (55-EMA); Resistance: 79 (Trendline)
Technical Analysis: Bias Neutral
- LTC/USD extends sideways grind, finds strong support at 55-EMA and daily cloud
- Technical indicators are biased neutral, RSI flatlined around 50 mark
- The pair is extending retrace from near $100 mark (hit $ 99.89 on Apr 3rd trade)
- Break below 55-EMA and daily cloud will see further weakness. Dip till 50% Fib at 61 then likely
- Upside momentum is likely to gain traction only above $79 mark (strong trendline resistance)
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