On the 25th LTC broke over the 4hrs 200 ema and out of its descending widening wedge. It has broken down under it on September 22, a couple of days from the faithful free fall to the $40 levels. LTC is currently being supported by the 4hrs 200 ema. Will it break under it? Really depends on BTC. But if it breaks down then LTC will at minimum retest the widening wedge which is at 0.236 from the pumps high. It can also go as low as $48 dollar because LTC is such a weak asset at the moment. The RSI has been cyclical and its due to go downward.
