LTCUSD: Strong resistance mid $73 range...correction likely
Updated
Rejected at least 3 times recently by the strong resistance at mid $73 area. Likely move down in the channel with what I believe support at no lower than low 60s but will have to see how this plays out. BTC price action also in play and may complicate LTC analysis. Stay tuned.
Note
Wow. Bulls relentless!Note
Nice rapid drop to 71 range and now off past resistance of mid 73 that is now acting as support.Note
Accumulation now at support level just over 73Note
Well that did not last long. Support fell like hot knife through butter.
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