After a good run over the past week Litecoin has consolidated. The price is now holding between 75.43 and 72.51. LTC/USD 1-Hour Chart LTC/USD has had a great run this week moving from a low of 66.48 to a high of 75.43. That high now needs to be taken out of the bulls are looking to charge again. On the downside, a break of 72.51 could spell trouble as it would make a lower high lower low pattern. In this current retracement, the volume has been pretty thin. So this could mean the market is waiting for a catalyst for a move. The trendline break is a bearish signal but at the time of writing the market is testing it again. So there could be another break inside. General crypto sentiment seems to be bullish today but that can change very quickly to be careful out there. Additonal Levels 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 WH adviser Kudlow: European auto imports discussion is on hold FX Street 2 years After a good run over the past week Litecoin has consolidated. The price is now holding between 75.43 and 72.51. LTC/USD 1-Hour Chart LTC/USD has had a great run this week moving from a low of 66.48 to a high of 75.43. That high now needs to be taken out of the bulls are looking to charge again. On the downside, a break of 72.51 could spell trouble as it would make a lower high lower low pattern. In this current retracement, the volume has been pretty thin. So this could mean the market is waiting for a catalyst for… 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.
