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acapo74
Mar 14, 2018 3:50 AM

A few paths for LTC 

Litecoin / United States DollarCoinbase

Description

Traders, I see a few different options for LTC coming up soon. The daily RSI shows a little more room for downside but with a greater prospect for upside. The MACD is showing a tad oversold but there's not much evidence there for a bullish divergence yet. I'm hoping LTC can sustain this main purple channel until the next break upwards but if not, there's some good support found from $80-110. Anything below that will most likely get eaten up fast and send it right back up. For now, I would wait until it is clear these patterns have been broken to assess a new position. Good luck
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