During the previous trading session, the positive dynamics of the Litecoin movement were seen. On a longer time-frame, the upward price movement vector also prevails.
The support and resistance levels:
The closest support to the price is at the 98.11 mark.
This level was formed by the Bullish Harami pattern. The pattern is represented with two Japanese candles, where the second one with a smaller real body is inside the body of the first one.
The nearest resistance level is at the level of the 103.06.
The Bearish Engulfing pattern formed this level. It consists of two Japanese candles: the first candle is located inside the body of the second candle.
Trading recommendations:
The latest signal prioritizes short positions intraday.
Litecoin H1: The Price Action Forecast for the Asian Session at 28.10.2025
