LTCUSD price is moving in a steady solid and serious channel with the lower line and upper line already touched several times which are good levels.
LTCUSD Price Analysis: 4 Hr Chart
LTCUSD has shown some good and momentum this can indicate another touch of the higher line before showing more action in the levels. For now, LTCUSD is trading below the 55 and 20 which is more but when LTCUSD comes above the EMAs it can confirm to
bounced at the oversold condition which can show an increase the next times to higher levels. Furthermore, the showed a crossover which can show in a price increase.
The outcome of the channel will be indispensable and show the final direction.
- TREND: Sideway
- EXPECTATION: Test of channel higher line
- TREND AFTER EXPECTATION: Confirmation either or
- PREV: 43.123
- OPEN: 43.126
- VOLUME: 3.193K
- DAY’S RANGE: 42.461 — 43.156
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