- SafeMoon value right this moment continues yesterday’s sideways consolidation above the 0.0001350 degree.
- The value of Litecoin this morning visited the 63.00 degree and thus shaped the October low.
SafeMoon chart evaluation
SafeMoon value right this moment continues yesterday’s sideways consolidation above the 0.0001350 degree. Yesterday, we noticed a number of bullish impulses to the 0.0001400 degree on a number of events, however we returned to the preliminary place in a short time. We may anticipate to see the same image on the chart right this moment. We have now been in a light bullish consolidation for 2 weeks now and will anticipate to see a continued restoration in SafeMoon’s value. Potential larger targets are 0.0001370 and 0.0001380 ranges.
We’d like a destructive consolidation and a break under the 0.0001350 degree for a bearish choice. After that, the worth ought to take a look at the earlier low on the 0.0001340 degree. Further help in that zone is within the EMA50 shifting common. Potential decrease targets are the 0.0001330 and 0.0001320 ranges.
Litecoin chart evaluation
The value of Litecoin this morning visited the 63.00 degree and thus shaped the October low. We acquired help at that degree and began a bullish consolidation, now already on the 64.45 degree. It’s potential that we are going to see a continuation of this consolidation to the 65.00 degree. Within the zone across the 65.50 degree, we encounter the EMA50 shifting common, and we want a break above it for additional restoration. Potential larger targets are 66.00 and 66.50 ranges.
We’d like a destructive consolidation and a brand new pullback to the 63.00 help degree for a bearish choice. A value break under would point out the formation of a brand new low and the continuation of the pullback to the bearish aspect. Potential decrease targets are 62.50 and 62.00 ranges.
BONUS VIDEO: Weekly information abstract from the markets
