FxWirePro: LTC/USD trades weak, good to sell on rallies
LTC/USD has recovered almost more than 20% from low of $72.50. The pair hits high of $89.85 and is curretly trading around $82.05. Intraday trend is still bearish as long as trend line resistance $85 (trend line joining …
LTC/USD has recovered almost more than 20% from low of $72.50. The pair hits high of $89.85 and is curretly trading around $82.05.
Intraday trend is still bearish as long as trend line resistance $85 (trend line joining $108 and 101.83) and any break above will take the pair to next $90/$101.65.
On the lower side, any break below $70 confirms minor weakness and a decline till $60/$50 is possible.
It is good to sell on rallies around $85-87 with SL around $101 for the TP of $60/$50.
Coinglass measured Ether options open interest at $5.81 billion, up 0.1% from the previous day, with calls representing most of both open interest and trading volume.
Customers can select a crypto asset and wallet; AEON says it handles conversion and starts a local transfer. The company has not named merchants using the Chile feature.
