LTCUSD triple bottom in focus
The LTCUSD pair is attempting to recover bullish momentum above the $30.00 level on Wednesday after the early week decline found strong support from the $28.00 level. The LTCUSD pair has potentially formed a bullish triple-bottom pattern after sellers failed to breach the December trading low. The $32.00 and $35.00 levels offer the strongest forms of resistance on an intraday basis.
The LTCUSD pair is only bullish while trading above the $32.00 level, key resistance is found at the $35.00 and $36.00 levels.
If the LTCUSD pair moves below the $30.00, sellers may test the $28.00 and $27.10 support levels.