LTC/USD chart - Trading View
Exchange - Coinbase
Support: 41.85 (Trendline); Resistance: 44.60 (200H MA)
Technical Analysis: Bias Neutral to slightly Bullish
LTC/USD is flashing signs of nascent recovery, trades 0.23% higher at 43.70 at 06:40 GMT.
The pair has been extending sideways grind since Nov 25th and major trend remains bearish.
Price action has held above trendline support (currently at 41.85) and extension on weakness only on break below.
After erasing around 70% of its value since highs of 146 seen in June 2019, the pair shows signs of minor recovery.
'Dragonfly Doji' at lows together with bullish RSI and Stochs divergence on daily and intraday charts raises scope for gains.
That said, 200H MA is major resistance (currently at 44.60). Break above will confirm near-term upside.
Failure to break above 200H MA and breach below trendline support (41.85) will open downside for the pair. Next major support lies at 36.29 (88.6% Fib).


FxWirePro: GBP/NZD slide extends ,eyes 2.2600 level
FxWirePro- Major Crypto levels and bias summary
Aussie Yen Breaks 114 Barrier: Bulls Lock Horns With Resistance, Eyes on 115 Summit
FxWirePro- Major Pair levels and bias summary
Pound-Yen Roars Back Above 214: Bulls Reload for 216–217 Charge on Dip-Buying Setup
FxWirePro- Major Crypto levels and bias summary
NZD/JPY Breakout Blast: Kiwi Rocket Smashes 94.50 Resistance, Bulls Lock Sights on 95
FxWirePro: USD/CAD slips as Canadian dollar firms on hopes for US-Iran ceasefire deal
Ethereum Tumbles Below $2K: Bears Eye $1,700 as All Key EMAs Flip Red
Bitcoin Buckles at $73,500: Middle East Tensions and Weak Institutional Demand Set Bearish EMA Stack on $70K Collision Course
FxWirePro: USD/CNY bears maintain upper hand 



