LTC/USD chart - Trading View
Exchange - Coinbase
Support: 36.29 (88.6% Fib); Resistance: 42.11 (5-DMA)
Technical Analysis: Bias Bearish
LTC/USD has broken major trendline support at 41.85 opening up further downside for the pair.
Price action was rangebound on the day, consolidating previous session's losses, bias remains bearish.
The pair was trading 0.73% lower on the day at 39.61 at 08:10 GMT, after closing 8.09% lower in the previous session.
Recovery attempts in the pair capped at 200H MA, the pair has resumed weakness since.
Technical indicators are biased lower. Major and minor trend in the pair are bearish. MACD is well in the negative territory and ADX supports weakness.
The pair is on track to close in the red for the 3rd straight week. Next bears target lies at 36.29 (88.6% Fib).
5-DMA is immediate resistance at 42.11. Break above 20-DMA required for near-term upside.


FxWirePro- Major Crypto levels and bias summary
FxWirePro: AUD/USD steadies around 0.7185, US-Iran news remains key
NZDJPY Dips to 95.10: Bulls Buy the Pullback as Key 93.50 Support Keeps Uptrend Intact
Bitcoin Buckles at $73,500: Middle East Tensions and Weak Institutional Demand Set Bearish EMA Stack on $70K Collision Course
FxWirePro: USD/CAD bulls continue to hold the higher ground
FxWirePro: EUR/ NZD dips below lower range, bearish bias increases
FxWirePro: GBP/USD recovers some ground but bears are not done yet
FxWirePro: EUR/AUD downward momentum remains in place
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CNY dips as Yuan firms despite weak China factory data 



