a very simple chart:
LTC is actually within a neutral trend channel with both limits well defined (upper and lower limits have been tested several times).
The price rebounced from the upper limit is on the way down - perhaps another testing of the lower limit?
RSI is confirming the new downtrend, also ADX does.
This up-and-down movement will have its end when LTC will be about leaving the mentioned channel.
Whether up -> and in this case the green circle shows the possible next aim.
Or down -> and in that case the red circle shows the possible lower level.
LTC is actually within a neutral trend channel with both limits well defined (upper and lower limits have been tested several times).
The price rebounced from the upper limit is on the way down - perhaps another testing of the lower limit?
RSI is confirming the new downtrend, also ADX does.
This up-and-down movement will have its end when LTC will be about leaving the mentioned channel.
Whether up -> and in this case the green circle shows the possible next aim.
Or down -> and in that case the red circle shows the possible lower level.