LTCUSD: Strong resistance mid $73 range...correction likely

٥ فبراير ٢٠٢٠

Rejected at least 3 times recently by the strong resistance at mid $73 area. Likely move down in the channel with what I believe support at no lower than low 60s but will have to see how this plays out. BTC price action also in play and may complicate LTC analysis. Stay tuned.

٥ فبراير ٢٠٢٠

ملاحظة

Wow. Bulls relentless!

٦ فبراير ٢٠٢٠

ملاحظة

Nice rapid drop to 71 range and now off past resistance of mid 73 that is now acting as support.

٧ فبراير ٢٠٢٠

ملاحظة

Accumulation now at support level just over 73

١١ مارس ٢٠٢٠

ملاحظة

Well that did not last long. Support fell like hot knife through butter.