Litecoin (LTC) forecast for 2020-05-24

Analysis for 2020-05-24

Litecoin (LTC) The test of the resistance line on the relative strength index (RSI) will be in favor of the fall in the EUR/USD quotes. The second signal will be a rebound from the upper boundary of the Ā«TriangleĀ» model. Cancellation of the option of falling quotes Euro/Dollar will be a strong growth and the breakdown level of 1.1345. This will indicate a breakdown of the upper boundary of the model and continued growth in the region at the level of 1.1485. Expect confirmation of a fall on the EUR/USD pair with the breakdown of the support area and closing below 1.1095.
Litecoin (LTC)

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