FxNews—The Litecoin market is bearish, testing the October 25 low at $67 as support, backed by the 61.8% Fibonacci retracement level. As of this writing, LTC/USD trades bearish at approximately...
litecoin
FxNews—Litecoin began consolidating as expected after it peaked on October 18. This was anticipated because the Stochastic oscillator was in overbought territory. As of this writing, LTC/USD trades at approximately...
FxNews—Litecoin pulled back from the %50 Fibonacci retracement level at $71.5, as expected, because this was a Fair Value Gap resistance zone, backed by the 50-period simple moving average. We...
FxNews—Litecoin‘s pullback from $62.8 (E) extended to the October 10 high at $67.5, a ceiling that neighbors the BC wave’s 61.8% Fibonacci retracement. As of this writing, the LTC/USD pair...
FxNews—Litecoin price returned downside when it peaked at BC wave’s 61.8% Fibonacci retracement level at $67.5. This downtrend was expected because the Stochastic Oscillator was in the overbought territory. Consequently,...