LTC - Weekly Price ForecastDaily candle testing previous support trendline.
Volatility and momentum slowing.
Kijun Sen acting as support.
Tenkan Sen relatively flat presenting little to no resistance.
Stochastic RSI within an oversold region, but could see a bounce off previous support to form a double top.
If the trendline is unable to hold and volume does not pick up, we could fall through the .382 fibonnaci fan support into the .5 or .618 areas.
Weekly Price forecast
0.007973 - 0.008795 Trading Range
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.