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- Litecoin gained modest gains in the Wednesday session, only 1%.
- LTC / USD produces the short-term double-maximum formation, as seen through the 15-minute chart display.
15-minute LTC / USD chart
Spot rate: 30.78
Relative change: + 1.06%
High: 31.93
Low: 29.95
Trend: bullish
Resistance 1: 31,32, resistance of the daily articulation point.
Resistance 2: 32.18, short-term double top.
Resistance 3: 33.77, resistance to the daily rotation point.
Support 1: 28.87, daily support of the articulation point.
Support 2: 27.28, daily support of the articulation point.
Support 3: 26.42, daily support of the articulation point.
Chart 60 minutes LTC / USD
- The double summit can be viewed through the 60 minute chart view. Top seen around the $ 32.00 area.
4-hour LTC / USD chart
- A rising trend line can be seen providing comfort to the bulls. If $ 32 were to be broken down, you could see a quick move towards $ 35-36.
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