On , the price action of LTC has found a strong resistance at $91 and formed at this level. The priceline has also good supports of exponential moving averages 10 and 21 as well.
On , the price acton of LTC has also found a good up support. Now the price action is moving down towards this support again. But in order to re-test the support breaking down of 25 SMS is must. The Other SMAs with the time period of 50, 100 and 200 are also moving up to provide the support to price action.
On 4-hour chart, the price action of LTC is also forming a . The potential reversal zone of this pattern starts form $78.73 and ends at $77.18. If the priceline will not take from this PRZ level then it may re-test the support of up-trend line on and from there it will start the next rally.
We have a very good supports of 25 on and potential reversal zone of at same level. If these levels will be broken down then the priceline may move more down to re-rest the support of the .