Litecoin (LTCH19) is moving to challenge its overhead resistance sitting at 0.00978.
If this resistance can be broken with strength, expect additional bullish action from Litecoin (LTCBTC).
Conditions for change: If Litecoin (LTCH19) to break and close above 0.00978, you can expect a retrace to ensue and EMA10 to be tested next as support at which point a new analysis is needed.
Note: This is a short term analysis and is intended to give you an advanced warning of an upcoming move.
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