Menu

Search

  |   Digital Currency

Menu

  |   Digital Currency

Search

FxWirePro: LTC/USD Daily Outlook

  • LTC/USD has declined more than $10 from the high of $94.45 made on Jul 18th 2018. The pair has broken major trend line resistance at $88 and this confirms minor trend reversal and a confirm jump till $103/$117 (100- day MA). The pair declined more than 50% from the temporary top $182.35. It is currently trading around $83.45. It has declined almost 79% from the all-time high of $370.  
     
  •  The near term solid resistance is around $96.55 (55- day EMA) and any break above will take the pair to next level till $103/$117.
     
  • On the lower side, any break below $83.50 (daily Kijun-sen) confirms minor weakness and a decline till $80/$73 is possible.


It is good to buy on dips around $84.50-85 with SL around $80 for the TP of $102.85/$117.

 

 

  • ET PRO
  • Market Data

Market-moving news and views, 24 hours a day >

2018-08-20 16:48:32
0m
2018-08-20 15:31:35
0m
2018-08-20 15:31:00
0m
2018-08-20 15:30:53
0m

August 20 15:00 UTC Released

USExp Soybean Inspected

Actual

639.001 M

Forecast

Previous

580.824 M

August 20 15:00 UTC Released

USExport Wheat Inspected

Actual

345.375 M

Forecast

Previous

462.854 M

January 31 00:00 UTC 290545290545m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 290545290545m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 302365302365m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 290545290545m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 302365302365m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 290545290545m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 290545290545m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 290545290545m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.