Hello, dear members of LeoFinance!
Today I want to make a small update on the price chart of Litecoin.
So, on the 4-hour time frame (4H) of LTC/USD, Litecoin received a sold support at the level of the previous local high and bounced off:
In my view, this is simply a bullish signal indicating that the uptrend is resuming.
To be continued ...
As of the time of writing, one Litecoin is at the level of $79.88 on Coinbase, according to TradingView.
A few words about me:
Just to let you know: I've been working professionally as a currency analyst for the last 14+ years, and as a cryptocurrency analyst for the last 3+ years.
Important!
Keep in mind, that thoughts expressed here are my own, and they should not be regarded as recommendations for any cryptocurrency/commodity trades, investments and etc.
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