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LTCUSD 4H CHART LITECOIN MARKET CONDITIONS

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Litecoin, on range for several days after the rally, finally broke resistance. Next bar could lead to the TP zone. However, ATH will pose resistance too.

MA20 crossed over MA50. You can wait for confirmation of MA50 to cross over MA100 too, although it may be too late.

Check LTCBTC pair too and oscillators.

R/R at 1.26 is not that good, but LTC has shown stability on BTC bearish markets, so it could be a long-term investment too.


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Market seems overbought, placing Stop-loss/Take-profit according to current conditions.

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