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BTCUSD Plunges, Potential Recovery During the Weekend
September 4, 2020
USDMXN Continues Its Downtrend 
September 4, 2020

LTCUSD Sinks and Breaks Three Support Levels 

Published by TradersColo at September 4, 2020
Categories
  • cryptocurrency
Tags
  • chart patterns
  • ltcusd
  • technical indicators
  • trend analysis
ltcusd daily chart

LTCUSD CHART PRICE – LTCUSD DAILY

Litecoin lost 13.82% in one session, which broke the support levels at 57.71, 54.21 and 50.72, during the day it broke a fourth support level at 45.75 but recovered before the end of the session, now it made a slight recovery and sits at 50.67, about to break the closest resistance, most cryptos had a bad day, the relative strength index is at 39% after reaching 17% for a moment, which indicates a recovery for LTC, the bollinger bands are forming a trumpet which is a trend change indicator

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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