Litecoin On last leg of support
Litcoin has broken through most of its support that it made during this run, however, it is now against two trendlines, the orange descending trendline and the green bullish trendline. I do believe that litcoin will break out to the upside against the orange trendline and that the green trendline will continue to hold as support. If the green trendline does not hold, then the next price I believe will hold is the horizontal support of 70. Otherwise, it appears like litecoin will be retesting higher price points such as 130-140. I believe currently that the most likely situation is the bullish one.
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