LTCEUR is moving towards the resistance line of a Ascending Triangle which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If LTCEUR continues in its current trajectory, we can expect it to reach 64.7900 within the next 2 days.
Related Posts
Rare set of bearish consecutive candles on the BTCJPY Daily chart. Can we expect a turn-around?
For those of you that don’t believe in trends, this may be an opportunity to take advantage of…
There is a possibility of a big movement on ETHAUD after a breach of the resistance
ETHAUD has broken through a resistance line of a Triangle chart pattern. If this breakout holds true, we…
LTCBTC keeps moving closer towards 1.0780E-03. Will it finally breach this level?
LTCBTC is en route to a very important line that will be a definite deciding factor of what…