Zůstat 
Obchodní podmínky
Nástroje
The Litecoin is trapped within a narrow range, but the formation could be complete soon. The crypto cannot move sideways infinitely, a valid breakout could bring new opportunities. LTC/USD is traded at 144.36 above 141.27 today's low.
As you already know, Bitcoin moves somehow sideways as well. A strong move in BTC/USD also may help Litecoin to develop a strong movement. The bias is bearish, so a further drop is in cards.
LTC/USD stands above 141.65 - 140.00 support zone and below the downtrend line. A valid breakdown below the support area could signal more declines, while a valid breakout above the downtrend line may announce a potential leg higher, a bullish reversal.
The pressure is high as long as the rate is traded below the downtrend line. It has failed to come back higher towards the 166.90 static resistance. Technically, a larger upwards movement will be announced by a valid breakout above 166.90.
Staying below the downtrend line and dropping below 140.00 psychological level could open the door for a larger drop and could bring new selling opportunities.
Staying above 140.00 followed by a valid breakout above the downtrend line may signal potential growth at least towards 166.90.
Díky analytickým přehledům společnosti InstaForex získáte plné povědomi o tržních trendech! Jako zákazníkovi společnosti InstaForex je Vám k dispozici velký počet bezplatných služeb umožňujících efektivní obchodování.
Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of Instant Trading EU Ltd including online trading, online transfers, deposit/withdrawal of funds, etc.
If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.
Why does your IP address show your location as the USA?
Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.
We are sorry for any inconvenience caused by this message.
