LTC/USD Critical Support at 52.30!
• The broken uptrend line was retested by LTC/USD, as seen on the H4 chart, and it is now challenging the median line of the descending pitchfork.
• The 52.30 former low is a significant downside barrier. As you can see, the rate only recorded false breakdowns during the most recent attempts. A larger drop might be rendered invalid by maintaining above 52.30 and setting a new higher high.
• "Keep it Simple!", Good Luck!
• The 52.30 former low is a significant downside barrier. As you can see, the rate only recorded false breakdowns during the most recent attempts. A larger drop might be rendered invalid by maintaining above 52.30 and setting a new higher high.
• "Keep it Simple!", Good Luck!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.