LTCUSD: 1W chart..me thinks more room for drop thru halving....
As above.
Strong rejection at $50 as we have seen and my resistance lines 48 have essentially held as ceiling too...now with recent drop to low 40s.
Will hedge that LTCUSD on weekly chart has RSI with room to drop even further.
MACD I believe will also turn more negative shortly.
LTCUSD next major support at 35 and then low-to mid 20's. May even see lower price drop to pre-2017 lows so be very careful!!!
Will follow..........
Safe trading to all.
Strong rejection at $50 as we have seen and my resistance lines 48 have essentially held as ceiling too...now with recent drop to low 40s.
Will hedge that LTCUSD on weekly chart has RSI with room to drop even further.
MACD I believe will also turn more negative shortly.
LTCUSD next major support at 35 and then low-to mid 20's. May even see lower price drop to pre-2017 lows so be very careful!!!
Will follow..........
Safe trading to all.
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