The breakout of LTCUSD through the 128.9700 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, LTCUSD could test 137.7180 within the next 2 days. One should always be cautious before placing a trade, wait for confirmation of the breakout.
Related Posts
LTCUSD is approaching a resistance line of a Inverse Head and Shoulders. It has touched this line numerous times in the last 10 days.
LTCUSD is heading towards the resistance line of a Inverse Head and Shoulders and could reach this point…
Will DASHEUR break through the resistance level it tested before?
DASHEUR is moving towards a line of 19.6500 which it has tested numerous times in the past. We…
After testing the support line numerous times, XRPUSD is once again approaching this line. Can we expect a bearish trend to follow?
Emerging Descending Triangle pattern in its final wave was identified on the XRPUSD 1 hour chart. After a…