LTCUSD pairing could take Path 1, supporting indicators include:
- Daily formed 29JUL
- is indicates that the pairing is oversold
LTCUSD pairing could take Path 2, supporting indicators include:
- is deeply
- divergence on since 16JUN upswing
- Looming SHS pattern.
I lean more towards Path 2. I will note that the $33 to $34.50 price range should provide some base support.
I am on the long-term for this pairing, but some development news will be needed in order to help continue this uptrend.