empty
 
 
09.12.2022 07:42 AM
Technical Analysis of Daily Price Movement of Litecoin Cryptocurrency, Friday December 09 2022.

This image is no longer relevant

With the appearance of deviations between price movements and the CCI indicator and the appearance of the Rising Wedge pattern on the daily chart of the Litecoin Cryptocurrency, in the near future Litecoin has the potential to depreciate below the 73.74 level. If this level is successfully broken, Litecoin has the potential to continue its decline to the 68.16 area - 62.52 during its journey to the targets, there was no upward correction that exceeded the 84.14 level because if this level is successfully penetrated above, it will cancel all setups for the decline previously described.

(Disclaimer)

Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In April we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback