LTC/USDT 1HInterval Review
I invite you to review the LTC pair to USDT chart. In this situation, we will start by defining the downtrend channel using the blue lines.
Going further, looking at the current price decline, we can determine a strong support zone from $67.55 to $66.41, which is also at the lower border of the channel.
Looking the other way, there is resistance at $68.76, then the price rebounded from the resistance at $69.64, and then significant resistance at $71, at the upper limit of the downtrend channel.
On the RSI indicator, you can determine the downward trend line under which it is moving, with dynamic price movements down, while on the STOCH indicator there is still some room for another rebound.
Going further, looking at the current price decline, we can determine a strong support zone from $67.55 to $66.41, which is also at the lower border of the channel.
Looking the other way, there is resistance at $68.76, then the price rebounded from the resistance at $69.64, and then significant resistance at $71, at the upper limit of the downtrend channel.
On the RSI indicator, you can determine the downward trend line under which it is moving, with dynamic price movements down, while on the STOCH indicator there is still some room for another rebound.
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لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.