LITECOIN Price Chart, Forecast and Technical Analysis

LITECOIN Price Chart, Forecast and Technical Analysis

LITECOIN Price Chart

LITECOIN Technical Analysis: Weekly Chart

LITECOIN Price Chart

In the weekly charts, LITECOIN is trading within a descending triangle.

It is trading below all SMAs: MA (5), MA (20), and MA (50).

The immediate support is 95.93823 and the resistance level is at 144.54822

LITECOIN is trading within a descending triangle until there is a breakdown.

LITECOIN Technical Analysis: Daily Chart

LITECOIN Price Chart

In the daily 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 105.22370 and the resistance level is at 118.44792

LITECOIN is trading in a downward channel until there is a trend reversal.

How to trade LITECOIN this week:

LITECOIN is trading within a descending triangle until there is a breakdown. The following opportunity can be taken if there is a breakdown:

TRADE SUGGESTION: SELL AT 93.57896, TAKE PROFIT AT 60.25115 AND STOP LOSS AT 124.08238

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