Cabana Capitals Blog Technical Analysis LTCUSD approaching important bullish key level

LTCUSD approaching important bullish key level

LTCUSD approaching important bullish key level post thumbnail image

LTCUSD is heading towards a line of 82.3400. If this movement continues, the price of LTCUSD could test 82.3400 within the next 3 days. 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: 82.34 Entry: 79.72 Stop: 78.4829

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