The price of LTCUSD in heading back to the support area. It is possible that it will struggle to break through it and move back in the other direction. The price may eventually break through, but typically the price retreats from the level a number of times before doing so.
Related Posts
Supports and resistances are primary concepts of technical analysis. LTCBTC is heading for an important price of 1.0040E-03 – read about what this could mean for the future.
LTCBTC is en route to a very important line that will be a definite deciding factor of what…
Large bearish move on BCHUSD.
BCHUSD posted a high rate of consecutive bearish candles on the Daily chart.
BTCJPY is quickly approaching the support line of a Falling Wedge. We expect either a breakout through this line or a rebound.
BTCJPY is trapped in a Falling Wedge formation, implying that a breakout is Imminent. This is a great…