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- Loss of care for Litecoin's price on Friday at the end of the session, down 0.70%.
- LTC / USD saw a breakout and a head and shoulder model test. The neckline has been violated, eyes on further potential disadvantages.
15-minute LTC / USD chart
- The price has come down on the back of an increasing formation of the wedge model.
Spot rate: 31.78
Relative change: -0.60%
High: 33.09
Low: 31.40
Trend: Bearish / Neutral
Support 1: 31.09, daily support of the articulation point.
Support 2: 30.15, daily support of the articulation point.
Support 3: 28.91, daily support of the articulation point.
Resistance 1: 33.27, resistance to the daily rotation point.
Resistance 2: 34.51, resistance at the daily articulation point.
Resistance 3: 35.45, resistance to the daily articulation point.
Chart 60 minutes LTC / USD
- A clearer view of the neckline interrupts and retries. The price action has formed a candle in the shape of a bearish evening star.
LTC / USD daily table
- Price action is still very much supported by a growing trend line through the newspaper.
