LTCUSD Low Volatility

LTCUSD CHART PRICE – LTCUSD DAILY

Litecoin has not been able to consolidate outside the 46.7 and 44.81 range, we have had low volatility as the bollinger bands keep shrinking, they haven’t been this close together since late July, and after that happened, Litecoin skyrcketed to the 60’s level, we see a similar pattern forming now but it’s too early to tell what could happen in the future. The relative strength index is at 46% gaining some ground slowly but steadily, we will keep an eye on this pair and keep you updated in case we find a good trading opportunity, in the meantime be patient and wait for confirmation signals.

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.