Author Topic: Litecoin Technical Analysis for 11/6/2015 – Support & Resistance Levels  (Read 621 times)

Offline m3

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Litecoin had a very eventful week, hitting a high of of $5.40 on Wednesday, and then crashing back down to 3.80 today.
A few price levels really seem to stand out on the 15-minute chart. The first one being the $4.92 area.
This are acted as resistance when Litecoin was climbing at the beginning of the week, and then this area turned into support on Wednesday.
Once price made it under $4.92 again, this area turned in resistance once again. So, $4.92 is definitely a major pivot zone.

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