Litecoin Price Analysis: LTC/USD trends in a downward channel formation, within the green Ichimoku cloud
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LTC/USD fell from $43.426 to $43.07 in the early hours of Friday as it continues to trend inside the green Ichimoku cloud. William’s%R is trending at

  • LTC/USD bears have stayed in control of the market for the second straight day.
  • The MACD shows sustained bearish market momentum.
  • LTC/USD bears have stayed in control of the market for the second straight day.
  • LTC/USD bears have stayed in control of the market for the second straight day.
  • The MACD shows sustained bearish market momentum.
  • The MACD shows sustained bearish market momentum.

    LTC/USD daily chart

    LTC/USD daily chart

    LTC/USD daily chartLTC/USD daily chart

    LTC/USD fell from $43.426 to $43.07 in the early hours of Friday as it continues to trend inside the green Ichimoku cloud. William’s%R is trending at -70, right next to the oversold zone following recent price action. The MACD indicates sustained bearish momentum.

    $43.426 to $43.07at -70,

    Support and Resistance

    LTC/USD has strong resistance at $43.80, $44.55, SMA 50 and SMA 20. On the downside, healthy support lies at $42.35 and $41.15.

    resistance$43.80, $44.55, SMA 50 and SMA 20 $42.35 and $41.15.

    Key levels

    BTC/USD

    Overview
    Today last price 9314.59
    Today Daily Change -62.27
    Today Daily Change % -0.66
    Today daily open 9376.86
     
    Trends
    Daily SMA20 9607.74
    Daily SMA50 9372.66
    Daily SMA100 8038.38
    Daily SMA200 8229.58
     
    Levels
    Previous Daily High 9480.16
    Previous Daily Low 9270.95
    Previous Weekly High 10007.88
    Previous Weekly Low 9072.17
    Previous Monthly High 10074.48
    Previous Monthly Low 8105.58
    Daily Fibonacci 38.2% 9350.86
    Daily Fibonacci 61.8% 9400.24
    Daily Pivot Point S1 9271.82
    Daily Pivot Point S2 9166.78
    Daily Pivot Point S3 9062.61
    Daily Pivot Point R1 9481.03
    Daily Pivot Point R2 9585.2
    Daily Pivot Point R3 9690.24

     

    BTC/USD

    Overview
    Today last price 9314.59
    Today Daily Change -62.27
    Today Daily Change % -0.66
    Today daily open 9376.86
     
    Trends
    Daily SMA20 9607.74
    Daily SMA50 9372.66
    Daily SMA100 8038.38
    Daily SMA200 8229.58
     
    Levels
    Previous Daily High 9480.16
    Previous Daily Low 9270.95
    Previous Weekly High 10007.88
    Previous Weekly Low 9072.17
    Previous Monthly High 10074.48
    Previous Monthly Low 8105.58
    Daily Fibonacci 38.2% 9350.86
    Daily Fibonacci 61.8% 9400.24
    Daily Pivot Point S1 9271.82
    Daily Pivot Point S2 9166.78
    Daily Pivot Point S3 9062.61
    Daily Pivot Point R1 9481.03
    Daily Pivot Point R2 9585.2
    Daily Pivot Point R3 9690.24

    BTC/USD

    Overview
    Today last price 9314.59
    Today Daily Change -62.27
    Today Daily Change % -0.66
    Today daily open 9376.86
     
    Trends
    Daily SMA20 9607.74
    Daily SMA50 9372.66
    Daily SMA100 8038.38
    Daily SMA200 8229.58
     
    Levels
    Previous Daily High 9480.16
    Previous Daily Low 9270.95
    Previous Weekly High 10007.88
    Previous Weekly Low 9072.17
    Previous Monthly High 10074.48
    Previous Monthly Low 8105.58
    Daily Fibonacci 38.2% 9350.86
    Daily Fibonacci 61.8% 9400.24
    Daily Pivot Point S1 9271.82
    Daily Pivot Point S2 9166.78
    Daily Pivot Point S3 9062.61
    Daily Pivot Point R1 9481.03
    Daily Pivot Point R2 9585.2
    Daily Pivot Point R3 9690.24

    BTC/USD

    Overview
    Today last price 9314.59
    Today Daily Change -62.27
    Today Daily Change % -0.66
    Today daily open 9376.86
     
    Trends
    Daily SMA20 9607.74
    Daily SMA50 9372.66
    Daily SMA100 8038.38
    Daily SMA200 8229.58
     
    Overview
    Today last price 9314.59
    Today Daily Change -62.27
    Today Daily Change % -0.66
    Today daily open 9376.86
    Overview Overview Overview Today last price 9314.59 Today Daily Change -62.27 Today Daily Change % -0.66 Today daily open 9376.86 Today last price 9314.59 Today last price9314.599314.59 Today Daily Change -62.27 Today Daily Change-62.27-62.27 Today Daily Change % -0.66 Today Daily Change %-0.66-0.66 Today daily open 9376.86 Today daily open9376.869376.86
     
    Trends
    Daily SMA20 9607.74
    Daily SMA50 9372.66
    Daily SMA100 8038.38
    Daily SMA200 8229.58
    Trends Trends Trends Daily SMA20 9607.74 Daily SMA50 9372.66 Daily SMA100 8038.38 Daily SMA200 8229.58 Daily SMA20 9607.74 Daily SMA209607.749607.74 Daily SMA50 9372.66 Daily SMA509372.669372.66 Daily SMA100 8038.38 Daily SMA1008038.388038.38 Daily SMA200 8229.58 Daily SMA2008229.588229.58
     
    Levels
    Previous Daily High 9480.16
    Previous Daily Low 9270.95
    Previous Weekly High 10007.88
    Previous Weekly Low 9072.17
    Previous Monthly High 10074.48
    Previous Monthly Low 8105.58
    Daily Fibonacci 38.2% 9350.86
    Daily Fibonacci 61.8% 9400.24
    Daily Pivot Point S1 9271.82
    Daily Pivot Point S2 9166.78
    Daily Pivot Point S3 9062.61
    Daily Pivot Point R1 9481.03
    Daily Pivot Point R2 9585.2
    Daily Pivot Point R3 9690.24
    Levels
    Previous Daily High 9480.16
    Previous Daily Low 9270.95
    Previous Weekly High 10007.88
    Previous Weekly Low 9072.17
    Previous Monthly High 10074.48
    Previous Monthly Low 8105.58
    Daily Fibonacci 38.2% 9350.86
    Daily Fibonacci 61.8% 9400.24
    Daily Pivot Point S1 9271.82
    Daily Pivot Point S2 9166.78
    Daily Pivot Point S3 9062.61
    Daily Pivot Point R1 9481.03
    Daily Pivot Point R2 9585.2
    Daily Pivot Point R3 9690.24
    Levels Levels Levels Previous Daily High 9480.16 Previous Daily Low 9270.95 Previous Weekly High 10007.88 Previous Weekly Low 9072.17 Previous Monthly High 10074.48 Previous Monthly Low 8105.58 Daily Fibonacci 38.2% 9350.86 Daily Fibonacci 61.8% 9400.24 Daily Pivot Point S1 9271.82 Daily Pivot Point S2 9166.78 Daily Pivot Point S3 9062.61 Daily Pivot Point R1 9481.03 Daily Pivot Point R2 9585.2 Daily Pivot Point R3 9690.24 Previous Daily High 9480.16 Previous Daily High9480.169480.16 Previous Daily Low 9270.95 Previous Daily Low9270.959270.95 Previous Weekly High 10007.88 Previous Weekly High10007.8810007.88 Previous Weekly Low 9072.17 Previous Weekly Low9072.179072.17 Previous Monthly High 10074.48 Previous Monthly High10074.4810074.48 Previous Monthly Low 8105.58 Previous Monthly Low8105.588105.58 Daily Fibonacci 38.2% 9350.86 Daily Fibonacci 38.2%9350.869350.86 Daily Fibonacci 61.8% 9400.24 Daily Fibonacci 61.8%9400.249400.24 Daily Pivot Point S1 9271.82 Daily Pivot Point S19271.829271.82 Daily Pivot Point S2 9166.78 Daily Pivot Point S29166.789166.78 Daily Pivot Point S3 9062.61 Daily Pivot Point S39062.619062.61 Daily Pivot Point R1 9481.03 Daily Pivot Point R19481.039481.03 Daily Pivot Point R2 9585.2 Daily Pivot Point R29585.29585.2 Daily Pivot Point R3 9690.24 Daily Pivot Point R39690.249690.24

     


     


    From: FXSTREET