Litecoin vs Tether Looking Bearish

Apr 15, 2020

Here is the chart for Litecoin vs Tether (LTCUSDT).

Prices are trading below EMA10 with bearish indicators.

The good news here is that trading volume is very low and the indicator MA200 is starting to curve.

So after a small drop, there can be a bounce on support.

If bear volume picks up momentum and support (blue) breaks, we can see lower prices and the "strong support" level tested.

We remain bullish after the drop.

This is not financial advice.

Thanks a lot for reading.

Namaste.