empty
 
 
08.12.2023 11:50 AM
Technical Analysis of Daily Price Movement of Litecoin Cryptocurrency, Friday December 08, 2023.

This image is no longer relevant

On the daily chart of the Litecoin cryptocurrency, price movements can be seen and the Tenkansen and Kinjunsen which are in the Golden Cross condition are moving above the Kumo even though the Chikou Span is stuck in the Candle bodies but their position is above the Kumo, so based on these data it can be concluded that the Litecoin movement overall it is in a strengthening condition where in the next few days Litecoin has the potential to go to level 76.71 as long as there is no downward correction movement that passes level 69.17 because if this level is successfully penetrated then the strengthening scenario described previously will become invalid and cancel itself .

(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 February 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