USDMXN Recovers After Downtrend
September 7, 2020
GBPMXN Possible Trend Change
September 9, 2020
LTCUSD CHART PRICE – LTCUSD DAILY
Litecoin, as many other cryptocurrencies has been struggling for a few days, we have seen high volatility in the crypto world, Litecoin has been unable to break the support at 45.75 but it has been trading very close to it for the last 6 sessions, the bollinger bands are getting very wide which means that we can expect high volatility and the price is moving out of a consolidation zone, perhaps into a new trend, so I would not be surprised if the price started its recovery, the relative strength index is at 35% meaning that the price could still drop a few more points before actually starting a recovery.
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.
