LTC/EUR plunges below in red on Monday. The pair has made a low of 3.35 and slightly recovered from that level (BTCE).  It is currently trading around 3.52 at the time of writing.

Ichimoku analysis of daily chart shows:

Tenkan-Sen level: 3.659

Kijun-Sen level: 3.7310

Trend reversal level - (90 days MA) - 3.7132

The Long-term trend remains to be bullish. The short-term trend seems to be bearish. ETH/EUR faces strong support at 3.34 (200 days MA) any further weakness can be seen below this level.

Major resistance is seen at 3.6080 (7 days EMA) and a break above targets 3.76(55 days EMA)/3.84 (61.8% retracement of 4.145 and 3.35). Short-term support can be noticed at 3.34 and any violation below will drag the pair till 3.04 (Jun 23rd, 2016 low).