Think for LTC to become neutral/ , it needs to break 65. A shake out wick up for LTC (and for BTC ) is also still a likely option since that usually happens before we see a real move. On the left i have drawn a mid-term picture (assuming this plays out of course). Suggests a drop to the low 50 where we want to see either a V shape low of a bottom formation that takes a week or 2 to form. But that is getting ahead of things.
Would of course also keep an eye out for Bitcoin , for that i suggest to follow my Bitcoin analysis. There we are still moving below the 9250 resistance, but it does not show us if we are seeing a small top formation or a here from past 2 days.
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On the left we can see it's following te blue line, good chance it will play out because LTC is already at the lows from week ago. Think from now on, 60ish is an important level for the bulls to break. So even if we go up from here, but not being able to break 60ish, big chance that blue line on the left will play out.