Litecoin has has broken the intraday resistance level of 75.68 Crypto sentiment is higher today as most coins are on the rise Wave high of 79.06 is now the next major target on the upside Above is the 30-minute chart of LTC/USD where price has recently broken the key Fibonacci 61.8% Fibonacci level which confluenced with the 75.68 resistance. This move comes after sustained weakness over the last two months which saw the LTC/USD price fall from just over 140 to the psychological support zone of 70. Over the last two hours, 22k contracts have been exchanged through the Coinbase exchange showing that this is not a small move. As with a move of this magnitude, you would expect the indicators to turn positive but they will be of more use when the market retraces and looks for support for a move higher The daily chart shows some key rejection candles over the past week with a hammer and Doji forming with rejection shadows to the downside (marked by the red rectangle on the chart below) 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 US Pres. Trump: Who is our bigger enemy, Jay Powell or Chairman Xi? FX Street 4 years Litecoin has has broken the intraday resistance level of 75.68 Crypto sentiment is higher today as most coins are on the rise Wave high of 79.06 is now the next major target on the upside Above is the 30-minute chart of LTC/USD where price has recently broken the key Fibonacci 61.8% Fibonacci level which confluenced with the 75.68 resistance. This move comes after sustained weakness over the last two months which saw the LTC/USD price fall from just over 140 to the psychological support zone of 70. Over the last two hours, 22k contracts have been exchanged through the… 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.
