{"id":12816,"date":"2015-02-18T05:52:19","date_gmt":"2015-02-18T10:52:19","guid":{"rendered":"https:\/\/wncen.com\/?p=12816"},"modified":"2019-09-30T16:02:18","modified_gmt":"2019-09-30T16:02:18","slug":"litecoin-price-technical-analysis-1822015-advancing-slowly","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/litecoin-price-technical-analysis-1822015-advancing-slowly\/","title":{"rendered":"Litecoin Price Technical Analysis 18\/2\/2015 \u2013 Advancing Slowly"},"content":{"rendered":"

Litecoin price advanced slowly yesterday towards the north to score a high of around $1.90 on its way to the $2.35 resistance level. It seems that the bullish wave is going to continue on today to attempt to test the 62% Fibonacci retracement level at $2.35<\/a>.<\/p>\n

By studying the 4 hour Bitfinex (LTC\/USD) charts from tradingview.com<\/a> and plotting the William’s Alligator indicator accordingly (look at the below chart), we can better understand the pattern of the uptrend that was ignited on the 16th<\/sup> of January. The following can be observed by studying the chart:<\/p>\n