Litecoin
Updated

LTC hitting this trendline. Bounce or move down?

1 367
LTC is interesting right now. It's really similar to ETH in that it's hitting this trend line and that it needs confirmation for a confirmed move down. Could it continue going up from here? Sure, but I am on the sidelines until we get some more direction.

RSI is confirming divergence
MACD is looking to cross here, but you need confirmation

This 140 level should provide a bounce. I prefer the 125 area, and if we break 140 we are going there, maybe 130. but it will be in that area.

Happy Trading,

-Sherem
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as always, please hit the like button to let me know this helped. Cheers.
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Trendline broke, MACD crossed, just need a break of $140 for a deeper move down

snapshot
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Chart update:
Drilling down on this LTC
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trade active to the upside, see update -
LTC looking to pop up more?

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