Ransquawk

Litecoin cryptocurrencies again failed to break the local support level located in the price region of $ 100. As a result, the rate is now close to the downward trend line, which breakthrough opens the way to an attack on the resistance level in the area of $ 145.

Picture 1. Technical analysis, litecoin, D1.09.04.2018

The continuation of the rises and overcoming this resistance assumes an attack at least on the region where another resistance of 180 dollars falls. Due to the strength of this place, I assume that we will see there at least a short-term rebound.

Picture 2. Technical analysis, litecoin, H4,09.04.2018

Breaking the $ 100 level should be the starting point for a support test near $ 90.

Leave us a comment!

Ransquawk