Litecoin price found solid resistance

BITFINEX:LTCUSD   Litecoin / U.S. Dollar
Price of Litecoin found solid resistance at 36.00 barrier, to rebound bearishly and starts some bearish correction. As it leaned on 50% Fibonacci correction level for the last bullish wave and begins to rise again, to keep the chances valid to continue the recently suggested positive scenario, and the price needs to breach 33.70 to confirm opening the way to head towards 40.50 that represents our next main target.

Note that breaking 29.40 followed by 27.75 levels will stop the expected rise and press the price to return to the main bearish track.
Expected trading range for today is between 29.40 support and 36.00 resistance
Expected trend for today: bullish
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