Cabana Capitals Blog Technical Analysis A potential bullish movement on LTCUSD

A potential bullish movement on LTCUSD

A potential bullish movement on LTCUSD post thumbnail image

LTCUSD is heading towards a line of 70.4800. If this movement continues, the price of LTCUSD could test 70.4800 within the next 8 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding.

Supported by Upward sloping Moving Average

Target: 70.48 Entry: 70.22 Stop: 70.0798

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