Litecoin H1: The Price Action Forecast for the American Session on 28.11.2025

Litecoin closes the last trading session in the green zone, while the downward price movement vector prevails on the higher time-frame.
The support and resistance levels:
The nearest support level is at the price level of the 83.17.
The nearest significant resistance level is at the 86.2 mark.
This level was formed by the Bearish Harami pattern, which is presented with two Japanese candlesticks where the second candlestick with a smaller real body is inside the body of the first one.
Trading recommendations:
During the day, it is worth considering the possibilities for opening short positions. This is indicated by both: the dynamics of price movement over a longer distance and the latest formed pattern.

Leave a Reply

Your email address will not be published. Required fields are marked *