Litecoin Short Term TA day 18

BITFINEX:LTCUSD   Litecoin / U.S. Dollar
Happy Sunday everyone. We have been holding up fairly well the last few days after that fall to the lower $160's. After reaching $192, we fell back down into the lower $170's. We are slowly approaching that area again, so I have that labeled as our main target to get passed right now. That is where our key resistance is and if we can get a closing candle above that, that will be good for LTC.

If we do manage to fall, our first short term support is at about $184.10. If that is broken, then our current bull flag is broken. Our next key support is at the $179 area. That is where our support line from the fall of the $160 lies. If we do approach those areas, make sure to check the Stoch Rsi and the OBV to determine if the support will hold up or not.

I am expecting us to test our short term support in the next hour or so. Hopefully, after a retest of that, we can test our resistance of $192 and fight to $200. Remember though, we need to keep a close eye on BTC , as it seems that every time BTC takes a fall, we and all the other coins go with it.

Don't forget to check out my previous day TA's in the related ideas section and please like/follow if you would like to stay up to date with my daily TA's.
Comment: Oh I apologize the chart pops up like that... I should have double checked the placement of it.. Just slide it over to see the rest of the chart.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out