Litecoin price on Tuesday was trading down with just minor losses of some 0.50%, outperforming versuis some of its peers, where deep losses are seen. LTC/USD price action is still moving within a bullish flag pattern structure, via the daily chart view. Litecoin price on Tuesday was trading down in very minor negative territory. At the time of writing nursing losses of just some 0.55%, it is outperforming in comparison to its peers, with big losses seen across the market. LTC/USD continues to remain somewhat resilient holding its ground, versus some of the other cryptocurrencies. Price action has also formed a bullish flag pattern formation, which is subject to an eventual breakout to the upside, if abiding by the textbook. Immediate support can be eyed at the lower supporting trend line of the mentioned flag. This can be observed tracking at $57.50-70 area. Should this fail to hold then the bullish structure will be off the cards. Resistance to the upside observed at $61, a daily break and closure above could open the door to a fresh wave of buying pressure. LTC/USD daily chart FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next Bitcoin Technical Analysis: BTC/USD staging big rebound for retest of potential death FX Street 4 years Litecoin price on Tuesday was trading down with just minor losses of some 0.50%, outperforming versuis some of its peers, where deep losses are seen. LTC/USD price action is still moving within a bullish flag pattern structure, via the daily chart view. Litecoin price on Tuesday was trading down in very minor negative territory. At the time of writing nursing losses of just some 0.55%, it is outperforming in comparison to its peers, with big losses seen across the market. LTC/USD continues to remain somewhat resilient holding its ground, versus some of the other cryptocurrencies. Price action has also formed… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
