- LTCBTC has been showing huge momentum on the drop , so it can still go a bit lower.
- If EMA100 doesn't hold (daily candle closes below it), then you can expect for EMA200 to be tested.
- If EMA100 holds as support, we can expect Litecoin to bounce and start a new wave up.
- Green was good yesterday, bulls need to follow up today for a bounce.
- Different scenarios drawn on the main chart.
Thanks a lot for reading.
Tron on BitMEX (TRXM19)(140% ROE on 10X):