Litecoin
Short

Litecoin Looking Weak

116
Litecoin drifted upwards after getting some buying interest from lows around $60. We edged up to $64.37 but faced immediate resistance there and faced a rejection back to the lower $60's. These levels do not seem enough to entice buyers in any significant way. Our levels at $64.37 and $66.94 appear to be hard upper bounds and barriers to Litecoin. In the event of another selloff, we could test lows at $55.84 again.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.