Litecoin moving towards the top of the channel

Hello everyone!

Litecoin like many other cryptos are doing pretty well while Bitcoin is resting near its ATH .

This is some simple trendlines and a channel, where you can see the support and resistance . When it hits the top lines it is bearish and when it hits the bottom it is bullish .

Looking at oscillators and volume is advised in case it breaks above or below those lines.

Also 70$ will be psychological resistance and like we stopped near 58$, we could stop near 68$.
評論: Litecoin stop earlier than expected at 64$. Now it is at 74$ and it has broken all resistance, but now we are at overbought territory. It has bounced and could go near 79$ to complete its third and final move up.
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