LTCUSD - the resistance breakout

COINBASE:LTCUSD   Litecoin / U.S. Dollar
The price of Litecoin has reached the highest level since the end of February. As a consequence, the resistance at 68,50 USD seems to be broken. This may open the way to the next possible resistance at 84,50 USD.

What is more, the market may create a potential expanding wedge pattern. Its upper limit may be also a potential resistance and target for the Litecoin buyers.

Daniel Kostecki, Chief Analyst Conotoxia Ltd.

Materials, analysis and opinions contained, referenced or provided herein are intended solely for informational and educational purposes. Personal opinion of the author does not represent and should not be constructed as a statement or an investment advice made by Conotoxia Ltd. All indiscriminate reliance on illustrative or informational materials may lead to losses. Past performance is not a reliable indicator of future results.

81% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.


good stuff. Moon is next!
+1 Reply
Nice work. 80 in sight
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out