LTCUSDT 1D Interval - Resistance and Support
Hello everyone, let's look at the LTC to USDT chart on a one-day interval. As you can see, the price is moving within the uptrend channel which we have marked with the yellow lines.
Let's start with the support line and as you can see the first support in the coming days is $73.93, if the support is broken then the next support is $70.87, $67.94 and $63.60.
Now let's go from the resistance line, as you can see the first resistance is $82.15, if you manage to break it, the next resistance will be $87.31, $91.59 and $95.90.
Looking at the CHOP indicator, we see that most of the energy has been used on the one-day interval, the MACD indicator indicates an uptrend, while because of the large volume of buyers, we now have two red candles that are much smaller.
Let's start with the support line and as you can see the first support in the coming days is $73.93, if the support is broken then the next support is $70.87, $67.94 and $63.60.
Now let's go from the resistance line, as you can see the first resistance is $82.15, if you manage to break it, the next resistance will be $87.31, $91.59 and $95.90.
Looking at the CHOP indicator, we see that most of the energy has been used on the one-day interval, the MACD indicator indicates an uptrend, while because of the large volume of buyers, we now have two red candles that are much smaller.