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- Tuesday's litecoin was seen nursing losses of about 1% in the second half of the session.
- LTC / USD is supported by a further decline per hour from the rising trend line, seen through the short-term vision (15 minutes).
15-minute LTC / USD chart
Spot rate: 29.06
Relative change: -1.12%
High: 29.74
Low: 28.14
Trend: bullish
Resistance 1: 31.58, resistance to the daily rotation point.
Resistance 2: 33.83, resistance to the daily rotation point.
Resistance 3: 36.85, resistance at the daily articulation point.
Support 1: 28.70, short-term uptrend trend line.
Support 2: 26.32, daily support of the articulation point.
Support 3: 23.30, daily support of the articulation point.
Chart 60 minutes LTC / USD
- The upper part is limited by a downward trendline marked on the chart below, after failing to allocate the offer to $ 31.
4-hour LTC / USD chart
- Profit-taking occurs when the bulls come across a supply barrier in the $ 31 approach.
