LTC/EUR retreats after making a high of 4.81, slight dip till 4 is possible
LTC/EUR is seen trading in the red on Tuesday. The pair has retreated till 4.50 after making a high of 4.81 levels (BTCE). It is currently trading around 4.61 at the time of writing. Slight dip till 4 is possible. Ichimo…
LTC/EUR is seen trading in the red on Tuesday. The pair has retreated till 4.50 after making a high of 4.81 levels (BTCE). It is currently trading around 4.61 at the time of writing. Slight dip till 4 is possible.
Ichimoku analysis of daily chart shows:
Tenkan-Sen level: 4.35
Kijun-Sen level: 4.12
Trend reversal level - (90 day MA)-$3.50
Long term trend remains bullish. Major resistance is seen at 4.95 (1.414% retracement of 4.815 and 4.50) and any break above targets 5.59 (1.414% retracement of $4.755 and $2.73)/ 6.01. Short term support is seen at $4.45 (7 day EMA) and any violation below will drag the pair till $4.10 (21 day MA)/$3.74 (55 day EMA).
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.
