THELOGICALINDIAN - Litecoin is convalescent appear the best levels of the year accepting accessible to move college assimilate 130 and 180 targets
Litecoin / USD Short-term amount analysis
Litecoin has a bullish concise trading outlook, with the LTC / USD brace convalescent aback appear the best levels of 2024 year so far.
The four-hour time anatomy now shows an astern arch and amateur pattern, with LTC / USD buyers acid appear the neckline of the bullish pattern.
Technical indicators on the four-hour time anatomy accept angry bullish and abide to affair able buy signals.
Pattern Watch
Traders should agenda that the $135.00 akin is the antecedent upside ambition of the astern arch and amateur arrangement on the four-hour time anatomy .
Relative Strength Index
The Relative Strength Index is bullish on the four-hour time anatomy and highlights growing concise upside momentum.
MACD Indicator
The MACD indicator is bullish on the four-hour time anatomy and continues to affair a able buy signal.
Litecoin / USD Medium-term amount analysis
Litecoin still has a bullish medium-term trading bias, with the cryptocurrency already afresh attempting a above abstruse blemish on the circadian time frame.
The circadian time anatomy is now assuming a abate astern arch and amateur arrangement and a abundant beyond astern arch and amateur pattern.
Technical indicators on the circadian time anatomy abide bullish and appearance ambit for added upside.
Pattern Watch
Traders should agenda that the $180.00 akin is the upside ambition of the beyond astern arch and amateur arrangement on the circadian time frame.
Relative Strength Index
The Relative Strength indicator additionally charcoal bullish on the circadian time anatomy and highlights the growing medium-term affairs interest.
MACD Indicator
The MACD indicator is bullish on the circadian time anatomy and shows ambit for added upside.
Conclusion
Litecoin charcoal acutely able-bodied accurate on any moves lower, with the LTC / USD beasts assertive to advance the accepted 2024 trading high.
The four-hour time anatomy credibility to a accessible blemish move appear the $135.00 level, whilst the circadian time anatomy continues to highlight the $180.00 akin as an antecedent medium-term upside target.
Check out our coin guide for an addition to Litecoin.
We additionally wrote a DARE for the project, allegory the approaching affairs of the Bitcoin competitor.
