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MonoCoinSignal
Jan 29, 2023 1:30 PM

Important price action zone 

Litecoin / TetherUSBinance

Description

Litecoin strongly broke the resistance of the 0% Fibo range. The next resistance is $101.70, and the third is in the $107.10 range. These two levels are an important price action zone. Also, the target is one of the moving targets of the previous upward wave. So, in the daily time frame, if a negative divergence is formed on the chart, we can expect a price correction with a high probability. Also, breaking the bottom of the ascending channel can be another price reversal warning.
Comments
basictradingtv
Supportive as always!
davidcoin09
very useful information
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