CryptoComes

LTC/USD: Can the Support of $40 Hold the Altcoin from the Drop?

BITSTAMP:LTCUSD   Litecoin / U.S. Dollar
If on the small time frames, the picture is looking bullish , on the daily chart , bears are completely controlling the situation. The bearish divergence has been formed on the RSI indicator. In addition, there are lowering heights which support the sellers' dominance. The more likely scenario is the drop to the $39 mark in the nearest weeks.


All trading ideas every day on CryptoComes: https://u.today/pricewise

Everything about blockchain and crypto, Live 24/7 on CryptoComes: https://u.today/pricewise

Follow me and trade smarter with our insides!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.