Litecoin (Garamond) recesserunt a recentes Minimum: $ XL De Bello resistitur

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Results

Resistentia key gradus: $ CCLXXX, CCCXX $, $ CCCLX
Key gradus Support: 50 $, $ 30, 10 $

Garamond / USD Long-term Fossa Price: INDOCTUS
Litecoin slumped to its low at $28 on March 12. After the breakdown, the upward move commenced immediately to a high of $40. The bulls were able to defend the $28 support level but failed to penetrate the $40 resistance. Consequent upon that LTC is trading below $40 resistance. The bulls have earlier attempted to break the resistance level but were repelled on two occasions. Litecoin will move up to $50 if the bulls break the $40 resistance level. A downward move is unlikely as the coin was earlier oversold.

Charta cotidiana lectio Indicatores,
Litecoin is above 50% range of the daily stochastic. The bulls are emerging as the coin was earlier oversold. Litecoin is in bullish momentum. The market is expected to move up to the previous highs. LTC is likely to move up if the bulls break the resistance level of the channel.

Garamond / USD Medium-terminus Trend: INDOCTUS
On the 4 hour chart, Litecoin is in a sideways trend.
The price is fluctuating between $28 and $40. The bulls are yet to break the $40 resistance as the coin continues its range-bound movement.

Top IV-hora lectio Indicatores
The 21-day and 50-day SMAs are sloping horizontally indicating the sideways trend. Litecoin is at level 50 of the Relative Strength Index period 14. This indicates that the market is in equilibrium. Also, it is on par with the centerline 50.

Generalis pro Outlook Garamond
Litecoin fell to the low of $28 but it is fluctuating between $28 and $40. The upward move has not begun because of the resistance at $40. Traders are to lookout for buy setups so as to initiate long trades.

Aliquam Trade Garamond
Title: Garamond / USD
Order: Buy
Ingressum price: $ II
Stop: $ 30.00
Target: $ 60.00

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