LTC/EUR is seen trading flat on Friday. The pair is consolidating between 3.50 and 3.74 levels (BTCE) for the past five trading session. It is currently trading around 3.71 at the time of writing.

Ichimoku analysis of daily chart shows:

Tenkan-Sen level: 3.73

Kijun-Sen level: 4.017

Trend reversal level - (90 days MA) – 3.73

Long-term trend remains to be bullish. The short- term trend seems to be bearish. LTC/EUR is struggling to close above 4 levels. So slight bullishness can be seen only above that level.

Major resistance is seen at 3.77 (21 days EMA) and the break above targets 3.84(55 days EMA)/4 (Jun 25th high). Short term support is noticed at 3.43 (61.8% retracement of 3.04 and 4.14) and any violation below will drag the pair till) 3.30 (200 days MA)/3.04(Jun 23rd low).