Litecoin – Cryptocurrency Technical Analysis & Trade Ideas
18 Apr 2022
Share
LITECOIN Technical Analysis: Weekly Chart

In the weekly charts, LITECOIN is trading in a downward channel.
It is trading below all SMAs: MA (5), MA (20), and MA (50).
The immediate support is 88.29072 and the resistance level is at 124.86976
LITECOIN is trading in a downward channel until there is a trend reversal.
LITECOIN Technical Analysis: Daily Chart

In the weekly charts, LITECOIN is trading in a downward channel.
It is trading below all SMAs: MA (5), MA (20), and MA (50).
The immediate support is 100.38392 and the resistance level is at 112.12018
LITECOIN is trading in a downward channel until there is a trend reversal.
How to trade LITECOIN this week:
LITECOIN is trading in a downward channel until there is a trend reversal and the following opportunity can be taken: