LTC/USD
Currently sitting on the support at 51.34.
Support and resistance levels shown by blue dotted lines.
LTC is seems to be within a falling wedge (Purple) on a longer time frame but forming a bear pennant at the moment as you can see with the 51.34 support and the green trend line.
Bearish short term and looking to test the first purple trend line on the way down. If that doesn't hold then next support is at 47.21 or the bottom purple trend line support.
Feel free to leave a comment and a like.
Not financial advise:)
Support and resistance levels shown by blue dotted lines.
LTC is seems to be within a falling wedge (Purple) on a longer time frame but forming a bear pennant at the moment as you can see with the 51.34 support and the green trend line.
Bearish short term and looking to test the first purple trend line on the way down. If that doesn't hold then next support is at 47.21 or the bottom purple trend line support.
Feel free to leave a comment and a like.
Not financial advise:)
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