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Full credit for this video to BitcoinNews.com who listed the data on this video on an article on their web site: https://bitcoinnews.com/?s=.comBitcoinNews.com%20Litecoin%20Market%20Analysis%2010th%20June%202019
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Transcript:
0:00:00 BitcoinNews.com Litecoin Market Analysis 10th June 2019
0:00:05 This replace is dropped at you by “CoinCheckup News Updates” and was initially revealed on “BitcoinNews.com”.
0:00:11 Well, after two weeks of energetic struggle close to the important thing worth zone of $112-115, consumers managed to interrupt by means of and repair above this zone and even proceed development.
0:00:22 Pay consideration that Bitcoin is just not removed from its falling channel, to say nothing of updating the native excessive.
0:00:28 So, we are able to discuss concerning the curiosity on this coin.
0:00:31 I wish to draw consideration to the scenario earlier than at the moment’s development.
0:00:35 After a brand new breakthrough on the worth zone of $112-115, sellers tried to again the worth beneath this zone for two makes an attempt.
0:00:44 The first try was on elevated volumes and led to a flawed breakdown.
0:00:48 The subsequent try was already with none quantity.
0:00:51 The temper of consumers has improved considerably with the start of the brand new week.
0:00:56 If we analyze the pair of LTC-BTC, then we see that the worth of the coin is rising.
0:01:02 If we think about that the wave started in February 2019, then we drew the worth channel and noticed that now the worth strikes between the decrease pattern and the center line of the channel.
0:01:11 However, the prospect of development is as much as $180. Buyers have considerably modified the scenario in the marketplace.
0:01:19 If, by the top of the week there will probably be nothing irregular from the sellers and a worth zone of $112-115 will stay below the management of consumers, then the forecast will probably be fulfilling for buyers of this coin!
0:01:31 About the Author: Peter Oleshchuk is a dealer and technical analyst.
0:01:36 He has spent two years finding out and analyzing the crypto market.
0:01:40 Thanks for watching this video! If you wanna learn the entire article you possibly can go to CoinCheckup.com or go to: “BitcoinNews.com”, who initially revealed this information replace on their web site.
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