LITECOIN - Chart Analysis

Oct 31, 2017

The price is currently teasing the key support & resistance level of $57.79, as well as teasing a downwards trendline and an upward trendline. A downwards breakout would suggest the price will move towards the lower key support & resistance level of $33.95. But a breakout upwards would suggest a move back to the all-time high of $94.11. Once at this level we can expect further upside if it manages to produce new highs. I expect an exciting few weeks ahead.