The red box represents a resistance zone
, a close below the red line in the red box will trigger pull back for LTCUSD
. The first area of interest is the blue line which could provide some support but ultimately the green box below is where the first sign of highest demand would be. In the opposite scenario which I thin is less likely, If LTCUSD
closes above the red box, then more expansion upwards is expected but im in favor of some retrace here.