💲 Litecoin First Significant Rsistance 💲

💲 Litecoin First Significant Rsistance

💲 Nearest strong support zone: around the 0.236 fibo level of the downward wave.

💲 Nearest strong resistance zone: around the 0.236 fibo level of the downward wave.

💲 Technical environment:

- Moving averages: uptrend

- MACD: Uptrend

- RSI: Uptrend

💲 Price action: Litecoin has once again attacked the recent rally as well as the entire cryptocurrency market, there is a good chance for the uptrend to continue after such sharp increases during Friday's trading session.

💲 The scenario I'm playing out is a continuation of the upward trend on litecoin in the vicinity of $130. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.

💲 Please do not suggest the path I have outlined with lines it is only a hypothetical scenario.

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