Aurum Markets Blog Technical Analysis Breach of important price line imminent by LTCUSD

Breach of important price line imminent by LTCUSD

Breach of important price line imminent by LTCUSD post thumbnail image

LTCUSD is heading towards a line of 83.7500. If this movement continues, the price of LTCUSD could test 83.7500 within the next 19 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 RSI above 60

Target: 83.75 Entry: 84.58 Stop: 84.9989

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