Technical Analysis of Intraday Price Movement of Litecoin Cryptocurrency, Friday November 03, 2023.
November 3, 2023 6:23 am
With the appearance of the hidden deviation between Litecoin price movement on the four hour chart with Stochastic Oscillator indicator, then in the near future, Litecoin has the potential to appreciate upward to the level 70,49 as the main target and the level 72,75 as the second target, unless if on the way to those levels suddenly there is a downward correction movement until it breaks below the level 65,64, then, all the reinforcement scenario that has been described before will become invalid and will cancel itself.
(Disclaimer)
The material has been provided by InstaForex Company – www.instaforex.com
With the appearance of the hidden deviation between Litecoin price movement on the four hour chart with Stochastic Oscillator indicator, then in the near future, Litecoin has the potential to appreciate upward to the level 70,49 as the main target and the level 72,75 as the second target, unless if on the way to those levels suddenly there is a downward correction movement until it breaks below the level 65,64, then, all the reinforcement scenario that has been described before will become invalid and will cancel itself.
(Disclaimer)
The material has been provided by InstaForex Company – www.instaforex.com
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