$LTC 📊 consolidation before the impulse!
Litecoin is trading at $54.33** (+1.38%). All EMAs (21=54.48, 50=54.43, 200=54.35) have practically converged into one point — **full consolidation**! RSI 38.3 — almost oversold, a rebound is possible. Resistance **$55.35 — a breakout will open the way to $55.80+. Support — **$53.44**.
Probabilities: long 50% (breakout above $55.35), short 50% (breakdown below $53.44).
Plan: we are waiting for a breakout of one of the levels. Enter only with confirmation.
🔥 What do you think, will LTC break through $55.35 or fly to $53.44? 👇
Litecoin is trading at $54.33** (+1.38%). All EMAs (21=54.48, 50=54.43, 200=54.35) have practically converged into one point — **full consolidation**! RSI 38.3 — almost oversold, a rebound is possible. Resistance **$55.35 — a breakout will open the way to $55.80+. Support — **$53.44**.
Probabilities: long 50% (breakout above $55.35), short 50% (breakdown below $53.44).
Plan: we are waiting for a breakout of one of the levels. Enter only with confirmation.
🔥 What do you think, will LTC break through $55.35 or fly to $53.44? 👇