LTC/USD Medium-term Trend: Ranging
Resistance Levels: $60, $65, $70
Support Levels: $50, 45, $40
Yesterday, September 19, the price of Litecoin was in a sideways trend. There has been no significant price movement as the digital currency had been range bound between the levels of $50 and $60. On September 19, the LTC price had a price spike. The price went down to the low of $51.56 and was resisted. The same candlestick at the same time went up to the high of $55.04 and also pulled back.
The prices were pulling back as they test the upper and lower levels of price range. Meanwhile, the LTC price will continue its range bound movement. However, the MACD line and the signal line are at par with the zero line which indicates a neutral signal. In addition, the price of Litecoin is neither below nor above the 12-day EMA and the 26-day EMA which indicates that a sideways trend is ongoing. The Relative Strength Index period 14 is level 48 which indicates that price is in the sideways trend zone.
LTC/USD Short-term Trend: Ranging
On the 1-hour chart, the LTC price is in a sideways trend. The price is above the 12-day EMA and the 26-day EMA which indicates that a bullish trend is ongoing. The MACD line and the signal line are above the zero line which indicates a sell signal.
The views and opinions expressed here do not reflect that of BitcoinExhangeGuide.com and do not constitute financial advice. Always do your own research.
Source: https://bitcoinexchangeguide.com
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20-09-2018, 10:05 AM #1
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Litecoin (LTC) Daily Price Forecast – September 20
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26-09-2018, 08:12 AM #2
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Ci sono migliaia di broker di trading unici nel mercato. Come trader, specialmente per i nuovi arrivati, è molto difficile ottenere un broker buono e credibile per loro. Il broker di trading regolamentato è autorizzato dal mercato popolare ed è per questo che sono entrato in TradesFX, che è un vero broker di trading regolamentato ECN. Dispongono di spread da 0,5 pips, leva 1: 400 e supporto clienti multilingue. Inoltre, la loro piattaforma di trading è esente da quotazioni o eventuali problemi di slippage.
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20-11-2023, 10:04 AM #3
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A dedicated broker offers all necessary trading facilities like high security of funding, good amount of leverage, narrow spread in most of the pairs, flexible margin level, and other facilities moderately. Undoubtedly, FXOpulence is a recognized ECN broker.
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28-11-2023, 04:29 AM #4
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Indeed, that's why choosing a broker requires careful consideration. Brokers play a crucial role in forex, which is why I chose to join Tickmill. This way, I can trade comfortably and securely here.
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