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LTC Monthly Setting Up For Possible Downtrend Break Test

By rhaslag
Updated
LTC showing continually higher lows on the monthly with key levels in play for the coming months. With a retest of 75-80 possible (albeit heavy resistance) a move to $130 could be on the table with $240 as the next key level after. MACD setup looks ready to cross in the coming months. RSI beginning to trend upward showing possible momentum beginning.
Note
Sustained price action at or above 80 should continue to confirm the breakout. $100 most likely a psychological level that will cause some further resistance.
Chart PatternsTechnical Indicators
rhaslag

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