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Litecoin analysis live update

The Litecoin chart displayed in this analysis is a 1 hour timeframe candlestick chart from August 16, 2018 to present date.

Litecoin news, litecoin price history

The most recent chart pattern for Litecoin from September 7, 2018 is an ascending triangle, which is ideally bullish.

$58.97 indicates the price level for confirmation of the ascending triangle. Meanwhile, $51.86 and $50.85 indicate price levels that will be expected to provide support should price action eject the triangle and move to the downside.

A close below the lower level of support (50.85) especially means more bearish action can be expected for Litecoin.

Interested in Bitcoin (BTCUSD)? Check out our analysis here. Moreover, AUDUSD chart analysis can be found here.

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