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ETHUSD on a 4 Day Winning Streak
August 30, 2020
BTCUSD Testing the Support at $11,623
August 30, 2020

LTCUSD Tests Resistance

Published by TradersColo at August 30, 2020
Categories
  • cryptocurrency
Tags
  • chart patterns
  • ltcusd
  • technical indicators
  • trend analysis
ltcusd daily chart

LTCUSD CHART PRICE – LTCUSD DAILY

Litecoin had a very good sunday trading session and it recovered 10.31% in just one day, breaking the resistance and finishing almost at its highest point of the day, during the reopening the pair lost 3.12% and the price fell under the resistance once again, in today’s session it started with a small loss, the relative strength Index is at 54% it fell 4% in the last two trading sessions, the bollinger bands are closing up a bit si we could expect a change trend soon, meaning that the price could continue to go down in the short term, we need to keep an eye on the RSI to be able to determine whether the price could fall or continue its uptrend.

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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