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