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Litecoin continued on struggling to notch up as strong selling pressure cap it surge at 0.00381795. LTC continue tagging on Bitcoin prices that is fobbled on Chinese sentiment.

Important LTC/BTC price levels to watch,


Year High – 0.005180 January 10 2017
Year Low – 0.00394158 January 5 2017

LTC/BTC 30-minutes chart. data source:Poloniex
LTC/BTC 30-minutes chart. data source:Poloniex

Some Critical Price Levels for the Immediate Term


Important Resistance Levels


R1 – 0.00381795
R2 – 0.00384800
R3 – 0.00389100

Important Support Levels


S1 – 0.0037400
S2 – 0.00371281
S3 – 0.00367060

LTC/BTC daily chart. data source:poloniex
LTC/BTC daily chart showing two years LTC trend. data source:poloniex

Trade Setup


There are two crucial resistance levels that Litecoin need to breach for any bullish revival. And also subject to its Segwit adoption among miners. We could possible getting clearer direction before end of this month.

BTC Exchanges and Charts With Litecoin #LTC Trading


Hit BTC
CEX.io
BitMex Futures
Simple FX

LTC/XBT Futures (LTC7D) on BitMEX


On BitMex, the LTC derivative is in the form of a Futures Contract and allows traders to speculate on the future value of the Litecoin / Bitcoin (LTC/XBT) exchange rate. Traders need not have Litecoin to trade the futures contract as it only requires Bitcoin as margin.

Trade Litecoin on BitMex Futures

Litecoin #LTC Links


Litecoin Official Site
Litecoin on Bitcointalk Forum
Litecoin GitHub
Twitter @litecoin
Wiki
Forum
Reddit r/litecoin
Wikipedia
Litecoin Website



Please do your own due diligence before making any investment decision. This article should not serve as investment advice. This post is mainly as reference and tutorial for trading on possible cryptocurrency breakout.

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