XAUUSD Reached Support Level at 1927
August 20, 2020
EURMXN Breaks Resistance
August 20, 2020
LTCUSD CHART PRICE – LTCUSD DAILY
Litecoin is recovering some loses after 2 big hits in previous trading sessions, it’s very early in the session to determine what this could mean, objectively the price trades above the support level meaning it could go higher, while the Relative Strength Index at a 60% tells us that it could continue climbing in the short term, we need to be careful if this level goes beyond 70%, when the bollinger bands started to open we were expecting a trend change which happened for 2 sessions but it might have a reversal in the next days. We encourage our readers to find fundamental analysis about the crypto world to support the technical evidence we found since markets are being moved by both types of analysis.
This post does not provide Financial Advice for traders, its merely purpose is education, use all the information available from different Analysts and build your own strategy, trading is not for everyone, you should only trade with money you can afford to lose, past performance is not an indicator of future results.
