Looks like Litecoin has difficulties now to break resistance. Even after today's pump of Bitcoin
, it hardly moved up while others alts did. Also volume
is dropping with LTC. See chances increase for a bigger correction now. If that green support breaks of that bull flag
, we might see a bigger correction happen. If it breaks the 60/61 with good volume
, we could see a big move happen to the upside. For now, objectively, correction has bigger chance. So that support around 58, is maybe the level to watch now, since it might be the turning point short term. That channel on the left is probably also a good guideline on the low time frame.