$LTCUS market watch

On our market watch is the LITECOIN. LITECOIN is one of the cryptocurrencies and is following the Bitcoin rise closely. It is more affordable than the Bitcoin and that makes it much attractive for traders now. At the moment the instrument is breaking higher from the ascending triangle with the price action above the 71.

Litecoin technical analysis

 

From a technical a prospective, and this is only applicable analysis for cryptocurrencies trading, we see this instrument much higher at least for a test of 90 where the Pitchfork channel median line lies.

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SL 64 TP 90

Litecoin trading technical analysis

 

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