Crypto-currency market: lightcoin is near significant resistance

The pair LTC/USD as the crypto-currency market, is trading lower. In this case, lightcoin is limited to the upper limit of a two-week downlink and overbought.

Therefore, from the level of 74-73.000 it is possible to consider transactions for sale, which, in turn, will be limited to levels: 72.000 and 71.000. Fixing a pair above the levels: 75.000 and 76.000 will call into question the safety of the trend and the working out of expectations.

LTC/USD chart. The current price is 74.200.

Read also: “How long will the rising rally of the American continue based on the growth profitability of the US bonds?»

Dani Levitan

 Earn with the help of the trade service on the news Erste News!

Topical articles of the trader’s blog:

1. Emerging markets and their prospects: Turkish lira (TRY)
2. Stock indices: the UK market
3. In Focus: Analysis of transactions for a EUR/USD pair during week

Current Investment ideas:

1. Preparing to have profits on an optimistic report of Alcoa Inc.!
2. On weak reporting of Boeing shares we can get a strong income!