LTC/USD chart - Trading View
Exchange - Coinbase
Support: 40.20 (200H MA); Resistance: 42.72 (21-EMA)
Technical Analysis: Bias Neutral
LTC/USD trades largely rangebound on the day with session high at 41.00 and low at 40.33.
Recovery in the pair was capped at 21-EMA (currently at 42.72), break above required for upside continuation.
Technical indicators are turning slightly bullish. Stochs show bullish momentum. Bullish MACD crossover adds to upside bias.
The pair is holding above 200H MA support. Further, 'Golden Cross' (Bullish 50-DMA crossover on 200-DMA) raises scope for gains.
Major trend is still bearish, but, breakout at 21-EMA could change near-term dynamics.
Gains till 55-EMA at 48.25 likely. Failure at 21-EMA will see bearish resumption.


AUD/JPY Stalls Ahead of BOJ Decision: Sell on Rallies as Bearish Bias Holds Below 103.70
FxWirePro: AUD/USD struggle to extend its recovery,good to sell on rally
ETHUSD Dips Below $3000 on BOJ Rate Hike Fears: Buy the Dip at $2700, Targeting $4000?
BTC/USD Coils Ahead of CPI & BOJ: Buy Dips at $85K Targeting $100K Breakout
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
FxWirePro: GBP/AUD dive post-CPI short-lived as traders prepare for BoE decision
FxWirePro: GBP/USD climbs above 1.34 after BoE's relatively hawkish cut
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro: EUR/NZD steadies ahead of ECB meeting 



