Litecoin price analysis: Important info. to keep in mind.
A logarithmic chart on the Daily tf is presented in this Litecoin analysis. Over 11 months of price action is shown which includes price at a high of ~$370.78 (December 19, 2017) to current date.
The simplest way to describe trend since December 19, 2017 is unquestionably a downtrend in Litecoin as it is for most of the cryptocurrency space.
A bearish channel is used in this Litecoin analysis to highlight the current downtrend. $23.52 and $16.16 indicate the price levels anticipated for consolidation in price and/or bullish momentum to likely resume.
Price breaking below the $16.16 implies more selling.
The simplest way to describe trend since December 19, 2017 is unquestionably a downtrend in Litecoin as it is for most of the cryptocurrency space.
A bearish channel is used in this Litecoin analysis to highlight the current downtrend. $23.52 and $16.16 indicate the price levels anticipated for consolidation in price and/or bullish momentum to likely resume.
Price breaking below the $16.16 implies more selling.
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.