Litecoin Price Chart, Forecast, Technical Analysis and Trade Signals
25 Apr 2022
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LITECOIN Technical Analysis: Weekly 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 at 90.82623 and the resistance level is at 129.89628
LITECOIN is trading within a descending triangle until there is a breakdown.
LITECOIN Technical Analysis: Daily Chart
In the daily charts, LITECOIN is trading below its previous upward channel.
It is trading below all SMAs: MA (5), MA (20), and MA (50).
The immediate support is at 94.90770 and the resistance level is at 103.86052
LITECOIN is trading outside and below its previous upward 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. If the price breaks down, the following opportunity can be taken: