LTC is quickly returning to the local uptrend.
Hello everyone, let's take a look at the 1D LTC to USDT chart. As you can see, the price moved below the local trendline and quickly returned to the perfect trendline.
Let's start by designating the support line and as you can see the first support in the near future is $ 112, if the support breaks down, the next one is $ 107 and $ 99.
Now let's move from the resistance line, as you can see the first resistance is $ 117, if you can break it the next resistance will be $ 123 another $ 132 and another $ 144.
Looking at the CHOP indicator, we can see that in the 1D interval we still have a lot of energy to make a move.
Let's start by designating the support line and as you can see the first support in the near future is $ 112, if the support breaks down, the next one is $ 107 and $ 99.
Now let's move from the resistance line, as you can see the first resistance is $ 117, if you can break it the next resistance will be $ 123 another $ 132 and another $ 144.
Looking at the CHOP indicator, we can see that in the 1D interval we still have a lot of energy to make a move.