LTC/BTC pulls back toward 0.0072 After a long term downtrend LTC/BTC finds some support Lower term timeframes showing signs of a trend change BTC/LTC has moved higher on the 30-min timeframe and is now in a retracement phase. The price has stopped just before the 38.2% Fibonacci level and the 0.0072 support zone. The indicators are at depressed levels but look like they might turn back to the upside. On the support side, there could also be a trendline that could provide some support for the price. On the upside, the key resistance level is at 0.0074 but if it breaks overnight it could indicate some further upside momentum. Longer-term the price could break all-time lows if it gets to 0.00688 so remember the momentum is on the downside as the downtrend has been intact for a long time. 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 European officials draft radical plan to take on US Pres. Trump and American tech companies – Politico FX Street 4 years LTC/BTC pulls back toward 0.0072 After a long term downtrend LTC/BTC finds some support Lower term timeframes showing signs of a trend change BTC/LTC has moved higher on the 30-min timeframe and is now in a retracement phase. The price has stopped just before the 38.2% Fibonacci level and the 0.0072 support zone. The indicators are at depressed levels but look like they might turn back to the upside. On the support side, there could also be a trendline that could provide some support for the price. On the upside, the key resistance level is at 0.0074 but… 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.
