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BTCUSD Potential Recovery
September 9, 2020
USDMXN Breaks Support
September 10, 2020

LTCUSD Holding Its Ground

Published by TradersColo at September 10, 2020
Categories
  • cryptocurrency
Tags
  • chart patterns
  • ltcusd
  • technical indicators
  • trend analysis
ltcusd daily chart

LTCUSD CHART PRICE – LTCUSD DAILY

Litecoin had two previous gaining sessions that took the price to 49.49, it looked like it could start recovering grounds against the US dollar, but in today’s session it is taking another small loss, current Relative Strength Index is at 37% which is close to the oversold status, once it reaches the 30% it would be time to go long, so far it still has room to continue dropping, and with the bollinger bands expanding we could expect high volatility and a possible trend change in the short term.

This post does not provide Financial Advice for traders, its merely purpose is education, use all the information available from different Analysts and build your own strategy, trading is not for everyone, you should only trade with money you can afford to lose, past performance is not an indicator of future results.

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