Real-time stock and forex trading analysis, featuring market trends, price fluctuations, and actionable trading ideas. With detailed charts and expert insights, it helps users make informed decisions in a streamlined, user-friendly interface.

Monday, November 8, 2021

Technical analysis of Litecoin for November 9, 2021

analytics618a1565dc54a.jpg

Litecoin has broken nicely above resistance at 236 indicating more upside to the handle-resistance near 377 and a break above here will active the huge cup with handle formation for a rally to at least 733 and possibly even to the extension target at 953.

However, for now we should stay focused towards the upside and a test of the handle-resistance at 377.

The material has been provided by InstaForex Company - www.instaforex.com

from RobotFX

No comments: