logo

Price Action

Thursday, November 16 2023
LTC/USD
03:20 pm (GMT +0200)
30 minutes Timeframe

After 71.41 has been achieved, a decisive breach below the support at 71.15, will open the way for LTCUSD to target the profit level at 70.64.

Should LTCUSD manage to exceed the resistance level at 73.20, it will eliminate the downtrend scenario, generating a buy signal.

Price Action Outlook:

Bullish
direction

Profit Levels

direction
Target 1
71.41

direction
Target 2
71.15

direction
Target 3
70.64

direction
Target 4
70.00

entry
Entry
71.92
entry
Stop Loss
73.20

Trend Confirmation

Momentum
direction
LWMA
direction
MACD
direction

Price Action

Thursday, November 16 2023
LTC/USD
03:20 pm (GMT +0200)
30 minutes Timeframe

After 71.41 has been achieved, a decisive breach below the support at 71.15, will open the way for LTCUSD to target the profit level at 70.64.

Should LTCUSD manage to exceed the resistance level at 73.20, it will eliminate the downtrend scenario, generating a buy signal.

Price Action Outlook:

Bullish
direction

Profit Levels

direction
Target 1
71.41

direction
Target 2
71.15

direction
Target 3
70.64

direction
Target 4
70.00

entry
Entry
71.92
entry
Stop Loss
73.20

Trend Confirmation

Momentum
direction
LWMA
direction
MACD
direction